Welcome House Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 7,850,295 | 7,688,281 | 162,014 | 6.6 | 62% |
| 2011 | 8,657,286 | 8,129,529 | 527,757 | 6.9 | 64% |
| 2012 | 9,014,594 | 8,817,415 | 197,179 | 6.7 | 64% |
| 2013 | 9,395,791 | 9,077,151 | 318,640 | 7.0 | 65% |
| 2014 | 9,682,091 | 9,853,081 | −170,990 | 6.1 | 64% |
| 2015 | 11,756,277 | 12,396,093 | −639,816 | 4.2 | 68% |
| 2016 | 12,569,453 | 12,885,020 | −315,567 | 3.8 | 69% |
| 2017 | 13,143,777 | 13,352,605 | −208,828 | 3.5 | 66% |
| 2018 | 12,717,720 | 12,628,815 | 88,905 | 3.7 | 68% |
| 2019 | 13,298,030 | 12,969,216 | 328,814 | 4.0 | 68% |
| 2020 | 15,870,091 | 15,996,323 | −126,232 | 3.3 | 71% |
| 2021 | 15,371,450 | 15,714,643 | −343,193 | 4.7 | 68% |
| 2022 | 16,351,042 | 15,594,747 | 756,295 | 5.0 | 69% |
| 2023 | 16,185,672 | 16,827,251 | −641,579 | 4.3 | 69% |
In its most recent public year (2023), this organization spent $641,579 more than it brought in. Its reserves stood at about 4.3 months of spending, down from 6.6 in 2010. Staff pay was 69% of spending. $225,243 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 House 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