Welcome Home Soldier

Analysis

Welcome Home Soldier is a registered charity in United States, based in Albia, IA. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Welcome Home Soldier reported income of $358k and spending of $114k, leaving 68% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $283k to $358k (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 49% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Welcome Home Soldier sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within IA. Charities of a similar size with the same main cause include Old Town Triangle Association ($358k), Northridge Retirement Center Inc ($358k) and Hillel the Foundation for Jewish Campus Life ($358k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.