Welcome Home Inc. Logo

MIP Score

45

Human Services
Thrift Shops

Welcome Home Inc.

Mission

Welcome Home is a local nonprofit organization in Newton, Massachusetts, that collects and redistributes like-new household items to families experiencing hardship, helping them live with dignity. The organization emphasizes environmental sustainability by repurposing or recycling items that cannot be used, ensuring minimal waste.

Basic Information

Tax-Exempt

Address

33 Irving Street, Newton Center, Massachusetts, 02459

View all Newton Center charities

Founded in

2019

EIN

32-0609377

Total Assets

$387.1 thousand

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

At a Glance

Community Support

Community Support

Welcome Home partners with various local organizations to provide household items to families in need.

Volunteer-driven

Volunteer-driven

Staffed entirely by volunteers, Welcome Home thrives on community-supported efforts.

Zero Fees

Zero Fees

Families can request household items without fees, paperwork, or proof of need.

MIP Score (Beta)

The MIP Score is in beta! We'd love any feedback you may have.

The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

45

30

/100

Program Expense Ratio

66.19%

6

/20

Program Revenue Growth

0.00%

2

/20

Leverage Ratio

0

2

/20

Working Capital Ratio

5.309

18

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2022

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants307.1K99.62%
Program Services00.00%
Investment Income1.172K0.38%
Sales of Non-Inventory Assets00.00%
Other Notable Sources00.00%
Total Revenue308.3K100.00%