PHuman ServicesEIN: 550362615

Welty Home for the Aged INC

Wheeling, West Virginia

A-Health Score
80A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 15 peers in Human Services with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org3.03×
Peer Median7.39×
💰
$31.8M
Total Revenue
📊
$29.7M
Total Expenses
🏦
$90.0M
Net Assets
📋
$2.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+7.3%
Year-over-year change (2022 → 2023)
Net Margin
+6.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.03
Net assets divided by total expenses
Liabilities-to-Assets
2.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$31,842,3977%$29,706,4802%$92,218,6866%
2022$29,667,4152%$29,171,9045%$87,009,9376%
2021$30,371,1517%$27,689,1995%$92,531,05571%
2020$32,550,08810%$29,161,9257%$53,967,54110%
2019$29,712,01016%$27,158,7946%$49,247,9225%
2018$25,610,7366%$25,638,12113%$47,119,507
2017$24,235,7819%$22,677,6016%$47,223,4973%
2016$22,240,1976%$21,469,18510%$45,786,847
2015$21,061,6839%$19,446,38110%$45,658,22517%
2014$23,054,60822%$17,736,9033%$38,869,10716%
2013$18,856,0486%$17,283,5602%$33,579,8319%
2012$17,732,1873%$16,946,1965%$30,818,4455%
2011$17,172,307$16,095,822$29,312,404

Frequently Asked Questions

What does Welty Home for the Aged INC do?

Welty Home for the Aged INC is a human services nonprofit organization based in West Virginia. It is classified under NTEE code P75I and is registered as a 501(c) tax-exempt organization with the IRS.

Is Welty Home for the Aged INC financially healthy?

Based on our 9-metric Financial Health Score model, Welty Home for the Aged INC has a score of 80/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Welty Home for the Aged INC generate?

Welty Home for the Aged INC reports $31.2M in annual revenue and holds $96.1M in total assets, based on IRS filings.

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