At Wellspring International Outreach, we believe in complete transparency with our donors and supporters. Your trust is sacred to us, and we are committed to being open about how every dollar you contribute is used to advance our mission.
Our Commitment to Financial Stewardship
Since our founding and tax-exempt designation in January 2011, Wellspring International Outreach has maintained an unwavering commitment to responsible financial management. We believe that donors deserve to know exactly how their contributions are being used to make a difference.
EIN: 26-2665227
Location: Hickory, North Carolina
Financial Track Record (2012-2023)
Over the past 12 years of operations, Wellspring International Outreach has demonstrated exceptional financial efficiency:
Where Your Donations Go
- 88.3% directly supports our charitable programs and mission
- 11.2% covers essential operational costs, including travel fees and minimal compensation
Key Financial Highlights
- Total Revenue: $357,685 across all years
- Program Expenses: $315,982 (88.7% of all expenditures)
- Administrative Efficiency: We operate with minimal overhead, ensuring maximum impact
Leadership Compensation Philosophy
Wellspring International Outreach operates with a volunteer-first philosophy. Our leadership team has consistently prioritized mission over personal compensation:
- 9 out of 12 years: Zero compensation paid to any officers or key employees
- 3 years with compensation: Modest presidential compensation totaling $40,060 over 12 years
- Average annual compensation: Less than $3,500 across all leadership positions
This approach reflects our core belief that resources should flow directly to those we serve, not administrative overhead.
Annual Financial Reports
We file Form 990-EZ annually with the IRS, and these documents are publicly available. Our financial data shows:
Recent Years Summary:
- 2023: $14,141 in net assets, minimal operational expenses
- 2022: $5,612 in net assets, zero compensation
- 2021: $14,932 in contributions, zero compensation
- 2020-2019: Active program years with controlled compensation
Our Promise to You
When you donate to Wellspring International Outreach, you can be confident that:
- Your money goes to work immediately – Nearly 90% of every dollar directly supports our programs
- We operate efficiently – Administrative costs are kept to an absolute minimum with outside costs primarily covering travel and hotel fees
- Leadership serves sacrificially – Our officers prioritize mission impact over personal gain
- We maintain transparency – All financial records are available for public review
Access Our Records
All of our annual tax filings (Form 990-EZ) are available through ProPublica and IRS public records.
We encourage supporters to review our filings and ask questions about our financial stewardship.
Together, we can ensure every dollar creates maximum impact for those who need it most.
Financial data compiled from IRS Form 990-EZ filings, 2012-2023. Wellspring International Outreach is a 501(c)(3) tax-exempt organization.