Charity Search / WELLSPRING COOPERATIVE CORPORATION
Community Improvement (S30) 990 on File

WELLSPRING COOPERATIVE CORPORATION

EIN: 46-5509253 · INDIAN ORCH, MA 01151-5116 · United States · FY 2023 Data
3 out of 5 46 / 100 Based on 2+ years of filings
Financial strength (30%) 70/100
Reliability (20%) 50/100
Effectiveness (25%) 58/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$833K
Total Revenue
$659K
Total Expenses
$381K
Net Assets
4
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 63.3%
Fundraising Efficiency N/A
Operating Reserve 6.95x
Liability-to-Asset 63.3%
Revenue Diversification 96.5%
Executive Compensation $171K
Compared with Peers
FY 2023
Compared with 5,777 similar organizations (United States, Community Improvement, $100K–$1M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
63.3% 84.1%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
32.2% 12.7%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
4.5% 0.0%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
7.0 mo 11.1 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
63.3% 3.6%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
96.5% 93.2%
P10P90
Below median
Revenue growth
Year over year revenue growth
127.6% 7.5%
P10P90
Expense growth
Year over year expense growth
95.6% 13.2%
P10P90
Surplus margin
Surplus as a share of revenue
20.9% 2.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $833K $659K $381K 63.3% 4
2022 $366K $337K $207K 31.1% 4
2021 $408K $372K N/A — 5
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Organization Details
EIN
46-5509253
State
MA
City
INDIAN ORCH
ZIP
01151-5116
Classification
S30
Category
Community Improvement
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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