TPhilanthropy, Voluntarism & GrantmakingEIN: 900885759· Ruling Year: 2014

Well Spring Services Inc

Greensboro, North Carolina

A-Health Score
80A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 30 peers in Philanthropy, Voluntarism & Grantmaking with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org24.30×
Peer Median15.61×
💰
$5.0M
Total Revenue
📊
$2.7M
Total Expenses
🏦
$64.8M
Net Assets
📋
$1.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+69.1%
Year-over-year change (2022 → 2023)
Net Margin
+47.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
24.30
Net assets divided by total expenses
Liabilities-to-Assets
2.8%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2023$5,048,00769%$2,667,56329484%$66,704,039502%
2022$2,985,6531636%$9,017$11,085,58956%
2021$171,95093%$0$7,096,6722%
2020$2,502,029124%$0$6,928,10357%
2019$1,117,9182145%$0$4,426,07434%
2018$49,80596%$0$3,308,1562%
2017$1,240,4382%$0$3,258,35161%
2016$1,218,37661%$0100%$2,017,913147%
2015$758,56121%$53,378582%$817,51034%
2014$954,166$7,828$610,34924691%
2013$0$0$2,462

Frequently Asked Questions

What does Well Spring Services Inc do?

Well Spring Services Inc is a philanthropy, voluntarism & grantmaking nonprofit organization based in North Carolina. It is classified under NTEE code T11 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Well Spring Services Inc financially healthy?

Based on our 9-metric Financial Health Score model, Well Spring Services Inc has a score of 80/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Well Spring Services Inc generate?

Well Spring Services Inc reports $8.3M in annual revenue and holds $76.0M in total assets, based on IRS filings.

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