Charity Search / WELCOME HOME INC
Human Services (P29) 990 on File

WELCOME HOME INC

EIN: 32-0609377 · NEWTON CENTER, MA 02459-1611 · United States · FY 2023 Data
3 out of 5 54 / 100 Based on 2+ years of filings
Financial strength (30%) 86/100
Reliability (20%) 45/100
Effectiveness (25%) 75/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$321K
Total Revenue
$147K
Total Expenses
$561K
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 77.9%
Fundraising Efficiency N/A
Operating Reserve 45.93x
Liability-to-Asset 0.0%
Revenue Diversification 93.2%
Compared with Peers
FY 2023
Compared with 20,874 similar organizations (United States, Human Services, $100K–$1M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
77.9% 86.4%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
20.6% 10.4%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
1.5% 0.0%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
45.9 mo 8.6 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 1.8%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
93.2% 96.8%
P10P90
Above median
Revenue growth
Year over year revenue growth
4.0% 7.2%
P10P90
Expense growth
Year over year expense growth
101.1% 11.5%
P10P90
Surplus margin
Surplus as a share of revenue
54.3% 2.1%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $321K $147K $561K 77.9% 1
2022 $308K $73K $387K 66.2% 1
2021 $241K $45K N/A 1
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Organization Details
EIN
32-0609377
State
MA
City
NEWTON CENTER
ZIP
02459-1611
Classification
P29
Category
Human Services
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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