Wellspring Life Ministry

Annapolis, MD
Founded: 1982
Current Status: Member
Member Since: June 30, 2017
ECFA Accredited Ministry

Comparative Financial Data
  12/31/18 12/31/19 12/31/20
Revenue      
   Cash Donations $636,489 $934,963 $731,862
   Noncash Donations $63,532 $26,652 $23,880
   Other Revenue $32 $1,716 $5,971
   Total Revenue $700,053 $963,331 $761,713
Expenses      
   Program $549,967 $610,380 $540,821
   Administrative $83,999 $84,656 $76,011
   Fundraising $29,146 $98,184 $33,985
   Other $0 $0 $0
   Total Expenses $663,112 $793,220 $650,817
Excess (or Deficit)
      for the Year
$36,941 $170,111 $110,896
Other $0 $0 $0
Total Change
   in Net Assets
$36,941 $170,111 $110,896
Total Assets $1,123,343 $1,278,695 $1,360,907
Total Liabilities $260,723 $245,964 $217,280
Net Assets $862,620 $1,032,731 $1,143,627

Per the organization's financial statements

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