Welsh Mountain Home

Analysis

Welsh Mountain Home is a registered charity in United States, based in New Holland, PA. It received its IRS tax-exemption ruling in July 1996, 30 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Welsh Mountain Home reported income of $2.3m and spending of $1.6m, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $2.3m (+88%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Welsh Mountain Home sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within PA. Charities of a similar size with the same main cause include General Chauncey M Hooper Towers Housing Development Fund Co Inc ($2.3m), Habitat for Humanity International Inc ($2.3m) and Habitat for Humanity of the Mississippi Gulf Coast Inc ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 44% of the total. Other salaries and wages came to $717k. At year end it held assets of $4.7m against liabilities of $325k, net assets of $4.4m. It reported 41 employees.