jain.com
jain.comCharity Clarity

Charity Clarity › Look up a charity › Minnesota

Wellspring Adoption Agency Inc

Golden Valley, Minnesota · EIN 41-1712804 · Religion-Related · tax-exempt since 1992

A

Charity Clarity grade A (score 80.9 of 100), based on the Form 990 for the year ended December 2024.

Graded against 23,748 religion-related nonprofits with revenue $500K–$2M filing the same form. A = top 10%, B = next 20%, C = middle 40%, D = next 20%, F = bottom 10%.

What goes into the grade

MeasureThis charityScore (0–100)
ReservesMonths of spending covered by unrestricted net assets.17.4 months79
GovernanceBoard independence, key policies and audit, per the 990.68% of practices68
Margin stabilityHow steady the surplus or deficit is year to year.81
Revenue spreadHow much revenue rests on one type of income.1% from one source95
Filing recordOn-time, complete filings, year after year.100%100
Program spendingSelf-reported by the filer.78.5%not scored
Management costsShare of spending.21.5%not scored
Cost to raise $1Fundraising cost per dollar given.$0.00not scored

Scores compare this charity with its peer group; 100 is best. How Charity Clarity rates charities.

Year by year

201520162017201820202021202220232024grey: revenue · green: spending
Year endedFormRevenueSpendingSurplusNet assetsMonths of spendingStaffGrade
Dec 2024Form 990$827K$797K$30K$1.16M17.49A
Dec 2023Form 990$767K$761K$6,017$1.13M17.88B
Dec 2022Form 990$889K$778K$110K$1.12M17.38A
Dec 2021Form 990$999K$853K$146K$1.01M14.28B
Dec 2020Form 990$916K$823K$93K$864K12.68A
Dec 2018Form 990$850K$782K$68K$686K10.59B
Dec 2017Form 990$705K$762K−$57K$619K9.710B
Dec 2016Form 990$785K$695K$90K$676K11.78B
Dec 2015Form 990$712K$739K−$27K$585K9.58A

From the organisation’s own IRS filings. “Months of spending” is total net assets divided by a month of that year’s spending. A blank grade means that year was not rated.

Read the filings

Every figure here comes from the returns this charity filed with the IRS. These sites show the full returns and more about the organisation:

Similar religion-related charities in Minnesota