WELLSPRING COOPERATIVE CORPORATION

INDIAN ORCH, MA, 01151-5116 (413) 522-2204 Est. 2014 EIN 46-5509253
S30— Community Improvement Form 990 501(c)(3)
HTTP://WELLSPRING.COOP

Mission

WELLSPRING'S MISSION IS TO CREATE AN ECONOMY THAT IS COOPERATIVE EQUITABLE, DEMOCRATIC, AND SUSTAINABLE. WE WORK WITH HISTORICALLY UNDER-SERVED COMMUNITIES IN THE GREATER SPRINGFIELD REGION.

Giving Portfolio

Total Grants
7
Total Giving
$561K
Recipients
6
Years Active
2022 - 2024
Avg grant: $75,880 Median: $53,627

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20242$136K $68K02
20233$318K $106K02
20222$107K $54K20

Sectors Funded

Food, Agriculture & Nutrition
3

Top States

Massachusetts
7

Grantee Size Profile

$100K - $500K
3

Top Grantees

WELLSPRING HARVEST CORPORATION
MA - 3 grants
$121K
CORPORATION
MA
$12K

Grants Awarded · 3 grants

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Financials

Total Revenue
$882,780
Total Expenses
$629,744
Net Assets
$634,433
5 employees 25 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
12.1 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 4.9%
Expenses ↓ 5.6%
Revenue Sources
Contributions 96.8% Earned revenue 1.5% Investment 1.7%
Expense Breakdown
Program 52.1% Management 43.2% Fundraising 4.7%

Officers & Trustees (13)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 Form 990$882,780 $629,744$634,433
2023 Form 990$832,722 $658,625$381,397
2023 Form 990$817,543 $647,181$377,593
2022 Form 990$365,841 $336,695$207,231
2020 Form 990$314,784 $211,999$120,546
2017 Form 990-EZ$152,141 $143,636$64,057

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EIN: 46-5509253 · Source: IRS Form 990 e-file data