Public Charity

WELLSPRING INC

WELLSPRING INC, of LOUISVILLE, KY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $7.6M in revenue, $8.0M in expenses, $16.7M in total assets. 54 publicly reported grants to this organization, totaling roughly $3.7M, appear in IRS filings.

EIN: 311020023 LOUISVILLE, KY Latest filing: 2025
Total Revenue$7.6M
Total Expenses$8.0M
Total Assets$16.7M
Grant Records54
Funding Total$3.7M
Filing Years2021–2025

Mission

WELLSPRING PROMOTES MENTAL HEALTH RECOVERY AND SUPPORTS INDIVIDUALS IN BUILDING HEALTHY AND HOPEFUL LIVES THROUGH BEHAVIORAL HEALTH, HOUSING, AND EMPLOYMENT SERVICES.

Where $100 goes at Wellspring Inc

How Wellspring Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$87 Programs the work itself
$10 Management running the organization
$3 Fundraising raising the next dollar

Inside the $87 for programs

$37
Wellspring's supportive and affordable housing programs serve adultswith serious mental illness who are living on incomes well below thefpl-typically, <30% of ami
43% of program spending · Reported in the filing: 150 adults; 227 people
$26
Wellspring operates two carf accredited crisis units for adults inpsychiatric crisis
30% of program spending · Reported in the filing: 18 people; 324 people
$23
Wellspring, through our bhso (behavioral health organization), provides outpatient group tx, individual therapy, case management and peer support as well as intensively supported specialty programs like assertive community…
26% of program spending · Reported in the filing: 753 people

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

$627,401
$100,000
2024
F33 GROUP HOME RESIDENTIAL TREATMENT FACILITY-MENTAL HEALTH RELATED
$40,515
2024
F33 GROUP HOME RESIDENTIAL TREATMENT FACILITY-MENTAL HEALTH RELATED
$33,743
$18,226

Showing up to 5 of 54 total records — full history available with membership.

Officers & Directors

BOARD MEMBER Alan Macdonald
BOARD MEMBER Alexis Mills
BOARD MEMBER Carrie Schanie
BOARD MEMBER Chris Haragan
BOARD MEMBER Heather Hairgrove
BOARD MEMBER Jack Trawick

Officer compensation and complete director data available with membership.

Top Grant Purposes

Housing & Homelessness
$2,103,495 4 grants
Mental Health & Substance Abuse
$1,221,580 28 grants
General Support
$319,926 18 grants
Health & Medicine
$9,984 1 grant
Unspecified
$66,044 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $7.6M $8.0M $16.7M
2024 $7.6M $7.6M $14.3M
2023 $7.8M $6.8M $9.0M
2022 $6.3M $6.4M $4.0M
2021 $6.4M $5.7M $4.2M

Between 2021 and 2025, reported annual revenue grew from $6.4M to $7.6M (+19%), with total assets most recently reported at $16.7M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for WELLSPRING INC

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