Welcome Home Ministries is a 501(c)(3) organization based in Nashville, Tennessee, registered in 1994, with $1,432,672 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.4M
▲ 21.0% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$1.2M
Net assets
$2.2M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Welcome Home Ministries— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Welcome Home Ministries: 22 mo reserves · +13% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Welcome Home Ministries— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Welcome Home Ministries: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $658K (FY2013) to $1.4M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
12.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.5M
Total liabilities
$297K
Net assets
$2.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,432,672▲21.0% | $1,248,994▲14.4% | $2,239,340▲9.5% | $2,536,736▲6.7% | 990 |
| 2023 | $1,183,818▲21.8% | $1,092,105▼2.0% | $2,045,855▲5.0% | $2,376,822▲1.6% | 990 |
| 2022 | $971,917▼26.0% | $1,114,267▲6.6% | $1,947,991▼7.1% | $2,339,256▼5.6% | 990 |
| 2021 | $1,312,543▲15.6% | $1,045,474▲19.4% | $2,097,562▲14.6% | $2,477,012▲10.9% | 990 |
| 2020 | $1,135,671▲17.2% | $875,333▲4.6% | $1,830,493▲16.6% | $2,234,381▲3.4% | 990 |
| 2019 | $969,085▲24.1% | $836,666▲8.4% | $1,570,155▲9.2% | $2,160,066▲30.7% | 990 |
| 2018 | $780,640▼15.6% | $771,844▲1.5% | $1,437,736▲0.6% | $1,652,736▼5.6% | 990 |
| 2017 | $925,126▼1.4% | $760,259▲2.0% | $1,428,940▲13.0% | $1,750,544▲5.0% | 990 |
| 2016 | $938,556▲5.4% | $745,296▲4.8% | $1,264,073▲18.0% | $1,667,965▲22.0% | 990 |
| 2015 | $890,864▲15.3% | $711,186▲4.4% | $1,070,813▲20.2% | $1,367,165▲5.5% | 990 |
| 2014 | $772,579▲17.4% | $681,005▲21.6% | $891,135▲11.5% | $1,295,333▲1.6% | 990 |
| 2013 | $658,041 | $559,995▲6.6% | $799,561▲14.0% | $1,274,376▲12.9% | 990 |
| 2012 | — | $525,297▼21.5% | $701,515▲21.2% | $1,129,234▲3.4% | 990 |
| 2011 | — | $669,092▼39.1% | $578,949▲54.5% | $1,091,590▲32.3% | 990 |
| 2010 | — | $1,098,383 | $374,715 | $825,169 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
29 grants to Welcome Home Ministries totaling $615K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Community Fdn of Middle Tn Inc | 2024 support | 2024 | $30,175 |
| The Community Fdn of Middle Tn Inc | Support from the estate of louise and randall phillips | 2023 | $38,160 |
| The Community Fdn of Middle Tn Inc | To provide recovery housing and recovery support services for approximately 300 men who suffer from a substance use disorder. | 2023 | $6,000 |
| The Community Fdn of Middle Tn Inc | To provide supported employment services for 135 clients seeking recovery in welcome home ministries' alcohol and drug recovery support program. | 2022 | $7,000 |
| American Online Giving Foundation Inc | General support | 2022 | $6,806 |
| The Community Fdn of Middle Tn Inc | For unrestricted use | 2021 | $60,000 |
| The Community Fdn of Middle Tn Inc | To provide supported employment services for 110 clients seeking recovery in welcome home ministries~' alcohol and drug recovery support program. | 2021 | $10,000 |
| American Online Giving Foundation Inc | General support | 2021 | $5,002 |
| The Community Fdn of Middle Tn Inc | On behalf of the estate of randall and louise phillips | 2020 | $50,000 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2020 | $10,000 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2020 | $10,000 |
| The Community Fdn of Middle Tn Inc | To provide supported employment services for 100 clients seeking recovery in welcome home ministries' alcohol and drug recovery support program. | 2020 | $8,000 |
| The Community Fdn of Middle Tn Inc | Human services | 2020 | $299 |
| The Community Fdn of Middle Tn Inc | For capital campaign survey prize | 2020 | $50 |
| The Community Fdn of Middle Tn Inc | Human services | 2019 | $50,000 |
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Data for Welcome Home Ministries (EIN 62-1515995) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.