Welcome America Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,074,457 | 2,070,885 | 3,572 | -4.4 | 2% |
| 2012 | 2,004,549 | 2,216,117 | −211,568 | -5.3 | 2% |
| 2013 | 2,072,931 | 2,036,400 | 36,531 | -5.5 | 2% |
| 2014 | 2,207,760 | 2,079,056 | 128,704 | -4.7 | 2% |
| 2015 | 2,138,458 | 1,915,449 | 223,009 | -3.7 | 4% |
| 2016 | 2,596,149 | 2,576,266 | 19,883 | -2.6 | 13% |
| 2017 | 2,635,564 | 2,641,656 | −6,092 | -2.6 | 14% |
| 2018 | 3,550,693 | 3,404,588 | 146,105 | -1.5 | 11% |
| 2019 | 3,665,165 | 3,889,072 | −223,907 | -2.0 | 9% |
| 2020 | 2,783,922 | 2,081,240 | 702,682 | 0.3 | 22% |
| 2021 | 2,511,087 | 2,664,757 | −153,670 | -0.5 | 15% |
| 2022 | 3,916,922 | 3,962,475 | −45,553 | -0.5 | 16% |
| 2023 | 4,378,844 | 4,706,272 | −327,428 | -1.2 | 17% |
In its most recent public year (2023), this organization spent $327,428 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.2 months), up from -4.4 in 2011. Staff pay was 17% of spending. $355,000 of its net assets are donor-restricted.
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
Welcome America 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