Welcome Table Inc

Analysis

Welcome Table Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in December 2012, 14 years ago. Its declared purposes cover food, agriculture and nutrition, 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 Table Inc reported income of $596k and spending of $491k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $218k to $596k (+173%), an average of +29% a year. The sharpest change came in the year to December 2020, when income rose by 50%. 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 Table Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Feed Lake Highlands Inc ($596k), Promise Community Center ($596k) and Justin Wren Foundation ($595k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $51k (10% of expenses). Other salaries and wages came to $118k. At year end it held assets of $349k against liabilities of $5,881, net assets of $343k. It reported 13 employees.