Welcome Home Vets

Analysis

Welcome Home Vets is a registered charity in United States, based in Grass Valley, CA. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 Vets reported income of $140k and spending of $123k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $121k to $140k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Welcome Home Vets sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include The Bettie Jane Cancer Foundation Inc ($140k), Frankie Mae Foundation ($140k) and Mode - Miracles Occur Days Enriched a Non-Profit Corporation ($140k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 106% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.