funder logo

WELFARE FOUNDATION INC

WELFARE FOUNDATION INC

Wilmington, DE, US
501(c)3
EIN
51-6015916
Open for Solicitation
Private Foundation
Regional Funder
funder logo

WELFARE FOUNDATION INC

Wilmington, DE, US
501(c)3
EIN
51-6015916
Open for Solicitation
Private Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$27,707,404

Other
93%
Investments
7%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$6,982,234

Grants
83%
Fees to Service Providers
7%
Salaries & Benefits
6%
Other
4%
Offices, Occupancy & IT
<1%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$21,302
$0
-100%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$1,553,489
$1,973,944
+27%
Other
$3,319,262
$25,733,460
+675%
Total Revenues
$4,894,053
$27,707,404
+466%
Expenses
2023
2024
Change
Grants
$4,602,119
$5,774,375
+25%
Benefits to Members
$0
$0
-
Salaries & Benefits
$396,608
$412,419
+4%
Fees to Service Providers
$527,738
$518,008
-2%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$15,250
$9,428
-38%
Interest
$0
$0
-
Depreciation
$5,804
$5,824
+0%
Other
$448,256
$262,180
-42%
Total Expenses
$5,995,775
$6,982,234
+16%
Net income
2023
2024
Change
Net income
-$1,101,722
+$20,725,170
-1981%
Income Statement
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)