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Filing year 2023

WELLSPRING FOUNDATION OF SOUTHWEST VIRGINIA

Abingdon, Virginia·EIN 26-2870970·NTEE E112 · Health Care·501(c)(3)
Total revenue
$27.1M
Total assets
$158.5M
Total expenses
$6M
Reported officers
14

Executive compensation

Form 990-PF · Part VIII · 4 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Health Care organizations in Virginia.

Executive Di
Median to 75th percentile
$274k
$300k
Director of
Unclassified
$135k
$147k
Director of
Unclassified
$101k
$110k
Director of
Unclassified
$81k
$89k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 10 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at WELLSPRING FOUNDATION OF SOUTHWEST VIRGINIA equaled 5% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
5%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$4.9M

Itemized grants

21

Median grant

$36k

RecipientLocationPurposeAmount
EO COMPANIESABINGDON, VACOMMUNITY SUPPORT$2M
VA HIGHLANDS COMM COLLEGEABINGDON, VACOMMUNITY SUPPORT$1M
US NATIONAL WHITEWATER CENTER INCCHARLOTTE, NCCOMMUNITY SUPPORT$318k
SW VA HIGHER EDUCATION CENTERABINGDON, VACOMMUNITY SUPPORT$300k
BALLAD HEALTHJOHNSON CITY, TNCOMMUNITY SUPPORT$234k
COMMUNITIES IN SCHOOLS OF APP HIGHBRISTOL, VACOMMUNITY SUPPORT$227k
APPALACHIAN HIGHLANDS COMM DENTALABINGDON, VACOMMUNITY SUPPORT$214k
FAIRVIEW HOUSING MANAGEMENT CORPJOHNSON CITY, TNCOMMUNITY SUPPORT$200k
UNITED WAY OF SW VAABINGDON, VACOMMUNITY SUPPORT$122k
WASHINGTON COUNTY VA PUBLIC SCHOOLSABINGDON, VACOMMUNITY SUPPORT$53k
MOUNT ROGERS HEALTH DISTRICTBRISTOL, VACOMMUNITY SUPPORT$36k
MOUNT ROGERS DEVELOPMENT PARTNERSHIMARION, VACOMMUNITY SUPPORT$25k
SW VA 4-H EDUCATION CENTERABINGDON, VACOMMUNITY SUPPORT$25k
RUSSELL COUNTY VALEBANON, VACOMMUNITY SUPPORT$20k
VALLEY INSTITUTE ELEMENTARY SCHOOLBRISTOL, VACOMMUNITY SUPPORT$20k
RUSSELL COUNTY SHERIFF'S OFFICELEBANON, VACOMMUNITY SUPPORT$20k
BLUE RIDGE DISCOVERY CENTERTROUTDALE, VACOMMUNITY SUPPORT$18k
MOUNT ROGERS COMMUNITY SERVICESMARION, VACOMMUNITY SUPPORT$17k
RIP MEDICAL DEBTBOSTON, MACOMMUNITY SUPPORT$13k
BRISTOL REGIONAL SPEECH AND HEARINGBRISTOL, VACOMMUNITY SUPPORT$13k
PATH PARTNERSHIPSWARRENTON, VACOMMUNITY SUPPORT$10k
Compare this foundation's grantees

Up 5%
from 2022

From $261k in 2022 to $274k in 2023.

$261k
2022
$274k
2023
In today's dollarsEst.
Up 1% in real terms$298k to $300k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 5% from 2022 to 2023, while revenue rose 5%.

$261k in 2022 to $274k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

1
OBICI HEALTHCARE FOUNDATION INC2024
$310k
2
WELLSPRING FOUNDATION OF SOUTHWEST VIRGINIA2023
$274k
See full Executive Director compensation rankings across Health Care
FAQ

Common questions about WELLSPRING FOUNDATION OF SOUTHWEST VIRGINIA

What does the Chief Executive Officer of WELLSPRING FOUNDATION OF SOUTHWEST VIRGINIA earn?

In 2023, the Chief Executive Officer of WELLSPRING FOUNDATION OF SOUTHWEST VIRGINIA received $274,423 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Health Care organizations in Virginia, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at WELLSPRING FOUNDATION OF SOUTHWEST VIRGINIA compare with similar nonprofits?

Compared with the same role at Health Care organizations in Virginia, the 2023 pay of the Chief Executive Officer at WELLSPRING FOUNDATION OF SOUTHWEST VIRGINIA falls between the median and the 75th percentile. In 2023, the highest total compensation at WELLSPRING FOUNDATION OF SOUTHWEST VIRGINIA equaled 5% of the organization's total expenses. The median for health care organizations is 4%.

What are WELLSPRING FOUNDATION OF SOUTHWEST VIRGINIA's revenue and expenses?

In 2023, WELLSPRING FOUNDATION OF SOUTHWEST VIRGINIA reported $27.1M in total revenue and $6M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.