Welcome House of Modification Examples Inc

Analysis

Welcome House of Modification Examples Inc is a registered charity in United States, based in West Bend, WI. It received its IRS tax-exemption ruling in July 1990, 36 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 House of Modification Examples Inc reported income of $51k and spending of $40k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $51k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Welcome House of Modification Examples Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 16th percentile within WI. Charities of a similar size with the same main cause include Tyrone Area Food Bank ($51k), Koloff for Christ Ministries ($51k) and Faith Fund ($51k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 28% of the total. At year end it held assets of $502k against liabilities of $60k, net assets of $442k.