Kentucky · Nonprofit
WELLSPRING INC
WELLSPRING INC (Kentucky) receives grants from 36 organizations whose IRS filings report $9,560,538 to it, the largest being THE COALITION FOR THE HOMELESS INC ($5,433,583). 25 of them have funded it in more than one year.
- Revenue FY2025
- $7.6M
- Funders on record
- 36
- Grants received
- $9.6M
- Net assets
- $3.9M
What Wellspring Inc does
Mission
Wellspring promotes mental health recovery and supports individuals in building healthy and hopeful lives through behavioral health, housing, and employment services.
As stated on its FY2025 Form 990.
Programs
Wellspring operates two carf accredited crisis units for adults inpsychiatric crisis. The program offers a comfortable, community-based and cost effective alternative to inpatient hospitalization for adults who need an intensive level of support but do not require the locked down safety of an inpatient hospital. These crisis stabiliazation units(csus) are licensed by the commonwealth of ky and monitored by the office of the inspector general to meet quality standards. The programs provide 24-hour staff support with a multi-disciplinary team approach, including on site services from a psychiatrist, aprn, clinical social workers, art therapists and psych rehab counselors. The programs can accommodate a maximum of 18 people on any given day and served 324 people in fiscal year 2025. The programs work closely with the psychiatric emergency room, hospitals, outpatient providers, families, and other community resources for referrals, diverting 90% from hospitals. In 2023, our accredition was extended for another three-year term.
$2,151,849 spent$1,267,160 earned by the program30% of program spendingWellspring's supportive and affordable housing programs serve adultswith serious mental illness who are living on incomes well below thefpl-typically, <30% of ami. In fiscal year 2025 we provided 150 adults with mental illness housing in properties owned by wellspring and a combined total of 315 in wellspring housing and mainstream scattered site rental units. Case management, peer support, life skills and therapy are provided as needed to clients in our housing programs. To qualify for these programs a client must have a documented mental health disability/illness, many have a substance abuse d/o, a physical health condition, and /or are homeless. Wellspring is carf accreditated in community housing, case management, therapy and crisis stabilization services and served 227 people in 2025. In 2023, we extended our accreditation in community housing for another 3 years.
$3,087,719 spent$691,048 earned by the program43% of program spendingWellspring, through our bhso (behavioral health organization), provides outpatient group tx, individual therapy, case management and peer support as well as intensively supported specialty programs like assertive community treatment (act) team, wish which provides seven day a week support services to highly vulnerable clients, and pic (program for integrated care), a 5-year samhsa grant serving adults with co-occurring mental illness and substance use which is being converted to an act team. In 2023, we extended our accreditation in outpatient service and case management for another 3 years (the maximum achievable outcome). 753 people received outpatient therapy and/or case managgement in fiscal year 2025.
$1,866,671 spent$857,544 earned by the program26% of program spendingWellspring's supported employment program is based on an evidenced based model called ips or individual placement & support. This approach focuses on helping clients with mental illness to develop employment goals that truly reflect their interests, values, skills, and experiences and seeks to help these clients find competitive employment that aligns with their goals. We served 29 adults in fiscal year 2025.
$117,623 spent$46,264 earned by the program2% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $7,223,862.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $9.0M to $14M (+59%).
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.
Government-grant reliance: 2017 48% · 2018 50% · 2019 46% · 2020 50% · 2021 53% · 2022 47% · 2023 55% · 2024 44% · 2025 54%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 7 of the last 9 reported years ran a deficit.
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.
Chief executive
Katharine R Dobbins
CEO
Board chair
William Friel
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 10 funders to 17 funders, grant income rose $671k → $1.4M.
7 of 36 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 10% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of WELLSPRING INC’s funders (the co-funder graph). Top 30 of 36 funders by total. 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
WELLSPRING INC leans on a few funders — its largest provides 57% of grant income and the top three 79%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
75% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund WELLSPRING INC.
Largest funder’s share by year: 2017 73% · 2018 73% · 2019 78% · 2020 65% · 2021 62% · 2022 51% · 2023 46% — diversifying over time.
“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.
How long its funders stay
60% of WELLSPRING INC's funders are still giving 3 years after their first grant; 69% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
97% of WELLSPRING INC's grant income comes from Kentucky funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1000k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.
Government funding WELLSPRING INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $4.6M on record.
- Department of Housing and Urban Development$4.6M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like WELLSPRING 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 Kentucky
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
90% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 6 related entities
- Amity Apartments Inc · exempt
- Specialized Housing Inc · exempt
- Patrick Henry Apartments Inc · exempt
- Clover Hill Apartments Inc · exempt
- Wellspring Bridge Apartments Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for WELLSPRING 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.
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 WELLSPRING INC?
- WELLSPRING INC (Kentucky) receives grants from 36 organizations whose IRS filings report $9,560,538 to it, the largest being THE COALITION FOR THE HOMELESS INC ($5,433,583). 25 of them have funded it in more than one year.
- How many funders does WELLSPRING INC have?
- IRS filings report 36 organizations giving $9,560,538 in grants to WELLSPRING INC, 25 of which have funded it in more than one year.
- Who is the largest funder of WELLSPRING INC?
- THE COALITION FOR THE HOMELESS INC is the largest funder on record, with $5,433,583 in grants. The full list of funders is on this page.
- How can an organization like WELLSPRING INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Kentucky. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Wellspring →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 36 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