Welty Home For The Aged Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 17,172,307 | 16,095,822 | 1,076,485 | 21.1 | 47% |
| 2012 | 17,732,187 | 16,946,196 | 785,991 | 21.1 | 44% |
| 2013 | 18,856,048 | 17,283,560 | 1,572,488 | 22.6 | 47% |
| 2014 | 23,054,608 | 17,736,903 | 5,317,705 | 25.7 | 48% |
| 2015 | 21,061,683 | 19,446,381 | 1,615,302 | 24.4 | 46% |
| 2016 | 22,240,197 | 21,469,185 | 771,012 | 22.5 | 46% |
| 2017 | 24,235,781 | 22,677,601 | 1,558,180 | 22.2 | 45% |
| 2018 | 25,610,736 | 25,638,121 | −27,385 | 19.6 | 46% |
| 2019 | 29,712,010 | 27,158,794 | 2,553,216 | 19.6 | 43% |
| 2020 | 32,550,088 | 29,161,925 | 3,388,163 | 19.7 | 2% |
| 2021 | 30,371,151 | 27,689,199 | 2,681,952 | 38.6 | 49% |
| 2022 | 29,667,415 | 29,171,904 | 495,511 | 34.6 | 47% |
| 2023 | 31,842,397 | 29,706,480 | 2,135,917 | 36.4 | 48% |
In its most recent public year (2023), this organization brought in $2,135,917 more than it spent. Its reserves stood at about 36.4 months of spending, up from 21.1 in 2011. Staff pay was 48% of spending. $2,976,508 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
Welty Home For The Aged 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