CSCharityScored
34

Wellspring

Human Services · Detroit, Michigan

16742 Lamphere St, Detroit, MI 48219-3761

EIN: 383043083· Founded: Aug 1992· 34 years active· Filing Year: 2023

Annual Revenue

$771K

Total Expenses

$562K

Total Assets

$1.2M

Program Spending

6%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

Not reported

All officers, directors, and key employees combined

Other Salaries & Wages

$334K

Total Payroll

$334K

59% of total expenses

Where the Money Goes

6%
Programs: 6%
Payroll: 59%
Other overhead: 95%
Program Revenue$31K (4%)
Total Expenses$562K (73%)
Payroll$334K (59%)
Overhead (non-program)95%

Trust Score Breakdown

Program Spending Ratio

6% of expenses go to programs

40%

Revenue & Stability

$771K annual revenue

15%

Executive Compensation

Not reported

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$1.2M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.