The Welcome Project Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 38,026 | 29,730 | 8,296 | 3.3 | — |
| 2018 | 56,142 | 51,869 | 4,273 | 2.9 | — |
| 2019 | 51,321 | 49,030 | 2,291 | 3.6 | — |
| 2020 | 37,986 | 50,588 | −12,602 | 0.5 | — |
| 2021 | 26,193 | 25,304 | 889 | 1.5 | — |
| 2022 | 31,774 | 26,948 | 4,826 | 3.6 | — |
| 2023 | 57,701 | 38,365 | 19,336 | 8.5 | — |
In its most recent public year (2023), this organization brought in $19,336 more than it spent. Its reserves stood at about 8.5 months of spending, up from 3.3 in 2017.
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
The Welcome Project 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