Weld Family Cares

Analysis

Weld Family Cares is a registered charity in United States, based in Greeley, CO. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Weld Family Cares reported income of $162k and spending of $146k, spending 90% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $215k to $162k (-25%), an average of -13% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 54% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Weld Family Cares sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 45th percentile within CO. Charities of a similar size with the same main cause include National House of Hope Inc ($162k), Philomathean Charity Club Inc ($162k) and Independence Foundation Inc ($162k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $360k against liabilities of $4,692, net assets of $355k.