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Welcome Home Angel Inc

RegisteredEIN 26-1638488Wilmington, NCEnvironment and conservation
Income$405k2023-12
Spending$497ksame year
Spent / received104%3-year average
Size in its cause63rd pctEnvironment and conservation
Exempt since2008Publicly supported organisat
Employees5latest return

Analysis

Welcome Home Angel Inc is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 Angel Inc reported income of $405k and spending of $497k, spending 123% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $387k to $405k (+4.7%), an average of +2.3% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 104% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Welcome Home Angel Inc 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 67th percentile, and in the 66th percentile within NC. Charities of a similar size with the same main cause include Toledo Botanical Garden Board Inc ($405k), Resilence Alliance Inc ($405k) and Forks Area Trails Club ($404k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. Compensation of current officers, directors and key employees was $96k (19% of expenses). Other salaries and wages came to $101k. At year end it held assets of $596k against liabilities of $151k, net assets of $445k. It reported 5 employees.

Income and spending

$0$124k$249k$373k$497k2019 Income: $387,0592019 Spending: $283,63820192022 Income: $288,5302022 Spending: $342,33320222023 Income: $405,0732023 Spending: $497,3132023
IncomeSpending

Where the income comes from

  • Contributions & grants 78%
  • Other 22%

Similar-sized charities, same cause

CharityLocationIncome
Toledo Botanical Garden Board IncToledo$405k
Resilence Alliance IncDedham$405k
Forks Area Trails ClubThe Forks PLT$404k
Fort Worth Garden Club IncFort Worth$405k