Welcome House Maternity Home

Analysis

Welcome House Maternity Home is a registered charity in United States, based in Fergus Falls, MN. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Welcome House Maternity Home reported income of $293k and spending of $306k, spending 104% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $186k to $293k (+58%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Welcome House Maternity Home sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within MN. Charities of a similar size with the same main cause include East Long Ave Inc ($293k), Central Florida Home for Good Inc ($293k) and Bridge Emergency Shelter ($293k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $131k. At year end it held assets of $327k against liabilities of $203k, net assets of $124k. It reported 15 employees.