Welcome Project Pa

Analysis

Welcome Project Pa is a registered charity in United States, based in Hatboro, PA. It received its IRS tax-exemption ruling in September 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Welcome Project Pa reported income of $258k and spending of $246k, spending 95% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $215k to $258k (+20%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Welcome Project Pa sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within PA. Charities of a similar size with the same main cause include The Society of St Vincent de Paul East Jefferson County Conference ($258k), Aftermath Foundation ($259k) and Winneconnee Thrift & Gift Inc ($258k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $79k (32% of expenses). Other salaries and wages came to $82k. At year end it held assets of $9,071 against liabilities of $68k, net assets of -$59k. It reported 9 employees.