Welcome Home Housing Inc

Analysis

Welcome Home Housing Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Welcome Home Housing Inc reported income of $242k and spending of $285k, spending 118% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $218k to $242k (+11%), an average of +2.1% a year. The sharpest change came in the year to December 2019, when income rose by 21%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Welcome Home Housing Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Treasure Valley Path Inc ($242k), Casa by the Lakes Inc ($242k) and Foster Care Association of Oklahoma Inc ($242k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.0% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $44k (15% of expenses). Other salaries and wages came to $21k. At year end it held assets of $116k against liabilities of $51k, net assets of $65k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.