Welfare Research Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,163,364 | 2,145,951 | 17,413 | -0.4 | 51% |
| 2012 | 2,070,370 | 2,104,836 | −34,466 | -0.6 | 45% |
| 2013 | 2,668,440 | 2,603,877 | 64,563 | -0.2 | 39% |
| 2014 | 2,962,855 | 2,857,187 | 105,668 | 0.3 | 40% |
| 2015 | 2,880,323 | 2,801,087 | 79,236 | 0.4 | 48% |
| 2016 | 3,083,947 | 3,208,766 | −124,819 | -0.1 | 45% |
| 2017 | 3,138,507 | 3,161,912 | −23,405 | -0.2 | 51% |
| 2018 | 3,104,018 | 2,962,130 | 141,888 | -3.3 | 60% |
| 2019 | 3,784,227 | 3,786,937 | −2,710 | -2.6 | 48% |
| 2020 | 4,458,351 | 5,404,520 | −946,169 | -3.9 | 33% |
| 2021 | 56,602,277 | 56,058,972 | 543,305 | -0.3 | 4% |
| 2022 | 10,254,599 | 9,267,324 | 987,275 | -0.3 | 22% |
| 2023 | 8,255,935 | 8,493,880 | −237,945 | -0.7 | 28% |
In its most recent public year (2023), this organization spent $237,945 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.7 months). Staff pay was 28% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Welfare Research Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works