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Filing year 2024

Wellspring Foundation Inc

South Plainfield, New Jersey·EIN 80-0699956·NTEE T23 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$63k
Total assets
$635k
Total expenses
$352k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. Wellspring Foundation Inc reported 3 unpaid officers and board members on its 990-PF.

Trustee
Trustee
Trustee

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$36k

Itemized grants

4

Median grant

$9k

RecipientLocationPurposeAmount
Healing Unlimited IncWoodway, TXChaitable Donation$17k
Plainfield Christian Science Church IndependentPlainfield, NJChaitable Donation$15k
Sunrise of Africa SchoolLake Barrington, ILChaitable Donation$3k
Friends of Ashbrook CenterAshland, OHChaitable Donation$1k
Financial trend

Revenue and expenses over time

Wellspring Foundation Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$72k
$46k
2023
$63k
$352k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in New Jersey

Wellspring Foundation Inc reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in New Jersey earns a median of $24,000.

25th percentile
$10k
Median
$24,000
75th percentile
$63k
90th percentile
$178k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 688 organizations across 688 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for New Jersey
FAQ

Common questions about Wellspring Foundation Inc

What are Wellspring Foundation Inc's revenue and expenses?

In 2024, Wellspring Foundation Inc reported $63k in total revenue and $352k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.