Public Charity

WELCOME HOUSE INC

WELCOME HOUSE INC is a Public Charity headquartered in COVINGTON, KY. Financial data from the 2024 filing: $8.7M revenue, $6.6M expenses, $15.7M total assets. 54 publicly reported grants to this organization, totaling roughly $4.0M, appear in IRS filings.

EIN: 611020382 COVINGTON, KY Homeless Shelters NTEE: L41 Latest filing: 2024
Total Revenue$8.7M
Total Expenses$6.6M
Total Assets$15.7M
Grant Records54
Funding Total$4.0M
Filing Years2019–2024

Mission

WELCOME HOUSE PROVIDES A CONTINUUM OF SERVICES TO END HOMELESSNESS AND PROMOTE STABILITY FOR EACH PERSON WE SERVE.

Where $100 goes at Welcome House Inc

How Welcome House Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$81 Programs the work itself
$15 Management running the organization
$4 Fundraising raising the next dollar

Inside the $81 for programs

$25
The regional services service area provides a combination of programming to other kentucky area development districts outside of the core operations in northern kentucky
31% of program spending
$21
This housing and supportive services service area includes the operation and oversight of a variety of assisted housing projects as well as the representative payee financial services program
26% of program spending
$19
The homeless solutions service area provides assessment, outreach, case planning, budgeting and financial education, employment and housing counseling, benefit public benefit attainment, homeless diversion and community referral services
23% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE Alyse Hoffer
TRUSTEE Amanda Meeker
TRUSTEE Brad Drew
CHIEF OPERATING OFFICER Brian Van Arsdale
TRUSTEE Catherine Botos
TRUSTEE Chris Bauer

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$3,916,813 49 grants
Health & Medicine
$104,000 1 grant
Housing & Homelessness
$11,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $8.7M $6.6M $15.7M
2023 $6.4M $6.5M $13.8M
2022 $6.6M $7.5M $13.3M
2020 $7.8M $3.6M $13.5M
2019 $4.2M $2.7M $8.7M

Between 2019 and 2024, reported annual revenue grew from $4.2M to $8.7M (+107%), with total assets most recently reported at $15.7M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for WELCOME HOUSE INC

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