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Pennsylvania · Nonprofit

WELLSBORO FOUNDATION INC

WELLSBORO FOUNDATION INC (Pennsylvania) receives grants from 7 organizations whose IRS filings report $475,794 to it, the largest being CHARLES KNOX & MARGARET C ETNER FOUNDATION ($157,441). 6 of them have funded it in more than one year.

Revenue FY2024
$203k
Funders on record
7
Grants received
$476k
Net assets
$193k
6/7 repeat funderspeak grant-dependency 77%
01What it does

What Wellsboro Foundation Inc does

Mission

Community and economic development in wellsboro and tioga county, pa

As stated on its FY2024 Form 990.

Programs

  1. Support and development to combat community deterioration, scholarship funding, and other fundraising activities in the community.

    $142,678 spent
    92% of program spending
  2. Fund raising and operation of the pennsylvania state laurel festival, an educational art and cultural event held annually in wellsboro pa to promote knowledge of local arts, crafts and the official celebration of the state flower

    $10,222 spent$33,812 earned by the program
    7% of program spending
  3. Development and improvement of general community apperance via landscaping, tree planting, blight removal, etc.

    $3,000 spent
    2% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $155,900.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($124k) Expenses 100 ($129k) Net assets 100 ($42k)2018 Revenue 99 ($124k) Expenses 98 ($127k) Net assets 93 ($39k)2019 Revenue 135 ($168k) Expenses 112 ($144k) Net assets 149 ($62k)2020 Revenue 61 ($76k) Expenses 51 ($65k) Net assets 175 ($73k)2021 Revenue 80 ($99k) Expenses 64 ($83k) Net assets 214 ($89k)2022 Revenue 164 ($204k) Expenses 91 ($117k) Net assets 421 ($176k)2023 Revenue 163 ($202k) Expenses 168 ($216k) Net assets 388 ($162k)2024 Revenue 164 ($203k) Expenses 134 ($173k) Net assets 460 ($193k)
'17'18'19'20'21'22'23'24
Revenue (164)Expenses (134)Net assets (460)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $89k to $176k (+97%).

$42k
$39k
$62k
$73k
$89k
$176k
$162k
$193k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

111% of WELLSBORO FOUNDATION INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (64% for the typical peer).

This organization
Typical peer · 19,547 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

−$5k
’17
−$3k
’18
$24k
’19
$11k
’20
$16k
’21
$87k
’22
−$14k
’23
$30k
’24
13
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

202220232024
Listed777
Joined·+0+1
No longer listed·01
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 4 funders to 5 funders, grant income rose $51k → $65k.

Left out of every figure on this page: $10k from one payer (the payer shares this organization's board, largest Growth Resources of Wellsboro Foundation). These are real filings, and they are not money WELLSBORO FOUNDATION INC raised.

From the IRS filings of WELLSBORO FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

WELLSBORO FOUNDATION INC leans on a few funders — its largest provides 33% of grant income and the top three 83%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

33%
largest funder
83%
top three
~4
effective funders

Largest funder’s share by year: 2017 30% · 2018 38% · 2019 34% · 2020 38% · 2021 33% · 2022 41% · 2023 56% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of WELLSBORO FOUNDATION INC's grant income comes from Pennsylvania funders.

PA

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Pennsylvania out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

WELLSBORO FOUNDATION INC holds deeper cash reserves than three-quarters of the 17,936 arts & culture nonprofits its size.

Operating margin15% · above the median
Months of reserve13.4mo · top quartile
Revenue growth (annualized)7% · below the median

this organization peer median middle 50% of peers· 17,936 arts & culture nonprofits $100k–$1M, FY2024

Organizations like WELLSBORO FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Pennsylvania

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

90% of spending goes to programs.

Program 90%Management 10%Fundraising 0%

Governance

6
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

PA

Screen this organization

A dated, signed PDF of the compliance screen for WELLSBORO FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds WELLSBORO FOUNDATION INC?
WELLSBORO FOUNDATION INC (Pennsylvania) receives grants from 7 organizations whose IRS filings report $475,794 to it, the largest being CHARLES KNOX & MARGARET C ETNER FOUNDATION ($157,441). 6 of them have funded it in more than one year.
How many funders does WELLSBORO FOUNDATION INC have?
IRS filings report 7 organizations giving $475,794 in grants to WELLSBORO FOUNDATION INC, 6 of which have funded it in more than one year.
Who is the largest funder of WELLSBORO FOUNDATION INC?
CHARLES KNOX & MARGARET C ETNER FOUNDATION is the largest funder on record, with $157,441 in grants. The full list of funders is on this page.
How can an organization like WELLSBORO FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Pennsylvania. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing