Well Spirituality Center
EIN: 462539368 · La Grange Pk, IL
| Metric | Value |
|---|---|
| Total Revenue | $526K |
| Total Expenses | $354K |
| Net Assets | $884K |
Is Well Spirituality Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Well Spirituality Center
Well Spirituality Center (EIN: 462539368) is a nonprofit organization based in La Grange Pk, IL. The organization reported total revenue of $526K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Well Spirituality Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Well Spirituality Center is a small nonprofit that has been operating for 80 years, with 12 years of IRS 990 filings on record (2013–2024). Revenue has grown at a compound annual rate of 16.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $523K |
| Total Expenses | $354K |
| Surplus / Deficit | +$170K |
| Total Assets | $1.1M |
| Total Liabilities | $178K |
| Net Assets | $884K |
| Operating Margin | 32.4% |
| Debt-to-Asset Ratio | 16.8% |
| Months of Reserves | 36.0 months |
Financial Health Grade: A
In 2024, Well Spirituality Center reported a surplus of $170K with revenue exceeding expenses, holds 36.0 months of operating reserves (strong position), has a debt-to-asset ratio of 16.8% (very low leverage).
Financial Trends
Over 12 years of filings (2013–2024), Well Spirituality Center's revenue has grown at a compound annual growth rate (CAGR) of 16.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -21.9% | -20.4% | +39.4% |
| 2023 | +45.0% | +32.3% | +39.5% |
| 2022 | +43.4% | +14.4% | +22.4% |
| 2021 | +10.5% | -8.2% | +4.9% |
| 2020 | -8.2% | +17.8% | +3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1946 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Well Spirituality Center has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Well Spirituality Center with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $170K, with revenue exceeding expenses.
- Debt-to-asset ratio: 16.8%.
Frequently Asked Questions about Well Spirituality Center
Is Well Spirituality Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Well Spirituality Center (EIN: 462539368) insufficient data. 0 red flags identified, 0 strengths noted.
How does Well Spirituality Center spend its money?
Detailed spending breakdown data is not yet available for Well Spirituality Center. Check back for updated IRS 990 analysis.
Are donations to Well Spirituality Center tax-deductible?
Well Spirituality Center is registered as a tax-exempt nonprofit (EIN: 462539368). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Well Spirituality Center located?
Well Spirituality Center is headquartered in La Grange Pk, Illinois and files with the IRS under EIN 462539368.
How many years of IRS 990 filings does Well Spirituality Center have?
Well Spirituality Center has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $526K in total revenue.
Filing History
IRS 990 filing history for Well Spirituality Center showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2013–2024), Well Spirituality Center's revenue has grown by 423.3%, moving from $100K to $523K. Total assets increased by 962.4% over the same period, from $100K to $1.1M. In its most recent filing year (2024), Well Spirituality Center reported a surplus of $170K, with revenue exceeding expenses. The organization holds $178K in liabilities against $1.1M in assets (debt-to-asset ratio: 16.8%), resulting in net assets of $884K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $523K | $354K | $1.1M | $178K | — | — |
| 2023 | $670K | $444K | $762K | $57K | — | View 990 |
| 2022 | $462K | $336K | $546K | $80K | — | View 990 |
| 2021 | $322K | $294K | $446K | $43K | — | View 990 |
| 2020 | $291K | $320K | $426K | $82K | — | View 990 |
| 2019 | $317K | $272K | $412K | $35K | — | View 990 |
| 2018 | $314K | $269K | $363K | $32K | — | View 990 |
| 2017 | $275K | $249K | $314K | $27K | — | View 990 |
| 2016 | $336K | $309K | $291K | $31K | — | View 990 |
| 2015 | $370K | $319K | $270K | $38K | — | View 990 |
| 2014 | $422K | $341K | $204K | $23K | — | View 990 |
| 2013 | $100K | $0 | $100K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $523K, expenses of $354K, and assets of $1.1M (revenue -21.9% year-over-year).
- 2023: Revenue of $670K, expenses of $444K, and assets of $762K (revenue +45.0% year-over-year).
- 2022: Revenue of $462K, expenses of $336K, and assets of $546K (revenue +43.4% year-over-year).
- 2021: Revenue of $322K, expenses of $294K, and assets of $446K (revenue +10.5% year-over-year).
- 2020: Revenue of $291K, expenses of $320K, and assets of $426K (revenue -8.2% year-over-year).
- 2019: Revenue of $317K, expenses of $272K, and assets of $412K (revenue +1.0% year-over-year).
- 2018: Revenue of $314K, expenses of $269K, and assets of $363K (revenue +14.1% year-over-year).
- 2017: Revenue of $275K, expenses of $249K, and assets of $314K (revenue -18.1% year-over-year).
- 2016: Revenue of $336K, expenses of $309K, and assets of $291K (revenue -9.3% year-over-year).
- 2015: Revenue of $370K, expenses of $319K, and assets of $270K (revenue -12.2% year-over-year).
- 2014: Revenue of $422K, expenses of $341K, and assets of $204K (revenue +322.0% year-over-year).
- 2013: Revenue of $100K, expenses of $0, and assets of $100K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Well Spirituality Center:
Data Sources and Methodology
This transparency report for Well Spirituality Center is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.