WELLSPRING is a Public Charity headquartered in DETROIT, MI. Financial data from the 2024 filing: $824K revenue, $733K expenses, $1.3M total assets. 10 publicly reported grants to this organization, totaling roughly $127K, appear in IRS filings.
THE MISSION OF WELLSPRING IS TO ASSIST LOW INCOME & AT RISK URBAN YOUTHIN DEVELOPING THEMSELVES SPIRITUALLYCOCIALLY, ACADEMICALLY AND ECONOMICALLY. ACTIVITIES INCLUDE KUMON MATH AND READING, COLLRGE PREPARATION, LEADERSHIP DEVELOPMENT, COMMUNITY SERVICE AND SUMMER EMPLOYMENT.WE ALSO OFFER CHRISTIAN DISCIPLESHIP AND BIBLE STUDIES FOR INTERESTED YOUTH.
How Wellspring divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Showing up to 5 of 10 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $824K | $733K | $1.3M |
| 2023 | $771K | $562K | $1.2M |
| 2022 | $677K | $611K | $1.0M |
| 2020 | $519K | $491K | $863K |
| 2019 | $574K | $459K | $786K |
Between 2019 and 2024, reported annual revenue grew from $574K to $824K (+43%), with total assets most recently reported at $1.3M.
Interactive year-over-year charts and full filing details available with membership.
