CSCharityScored
42

Wellspring Inc

Human Services · Hull, Massachusetts

814 Nantasket Ave, Hull, MA 02045-1533

EIN: 042969215· Founded: Dec 1988· 38 years active· Filing Year: 2023

Annual Revenue

$2.7M

Total Expenses

$2.1M

Total Assets

$4.2M

Program Spending

6%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$161K

7.8% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$1.0M

Total Payroll

$1.2M

57% of total expenses

Where the Money Goes

6%
Programs: 6%
Payroll: 57%
Other overhead: 94%
Program Revenue$118K (4%)
Total Expenses$2.1M (77%)
Payroll$1.2M (57%)
Overhead (non-program)94%

Trust Score Breakdown

Program Spending Ratio

6% of expenses go to programs

40%

Revenue & Stability

$2.7M annual revenue

15%

Executive Compensation

$161K total officer comp (7.8% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$4.2M 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.