Operation Welcome Home

Analysis

Operation Welcome Home is a registered charity in United States, based in Morgantown, WV. It received its IRS tax-exemption ruling in February 2013, 13 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, Operation Welcome Home reported income of $125k and spending of $249k, spending 199% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $252k to $125k (-50%), an average of -16% a year. The sharpest change came in the year to December 2022, when income rose by 81%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Operation Welcome Home sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within WV. Charities of a similar size with the same main cause include Dover Educational & Community Center Inc ($125k), Indianapolis Stars Diving Club Inc ($125k) and Triple E Inc ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. Compensation of current officers, directors and key employees was $50k (20% of expenses). Other salaries and wages came to $61k. At year end it held assets of $624k against liabilities of $9,814, net assets of $614k. It reported 6 employees.