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North Carolina · Nonprofit

WELCOME HOME ANGEL INC

WELCOME HOME ANGEL INC (North Carolina) receives grants from 26 organizations whose IRS filings report $925,250 to it, the largest being The Eshelman Foundation ($360,000). 12 of them have funded it in more than one year.

Revenue FY2025
$1.5M
Funders on record
26
Grants received
$925k
Net assets
$1.3M
12/26 repeat funderspeak grant-dependency 61%
01What it does

What Welcome Home Angel Inc does

Mission

Our mission is to help families be families by creating custom home modifications for children with special healthcare needs. From sensory and therapy rooms to fully wheelchair-accessible spaces, our home transformations provide safer care, improve physical health and quality of life, and give families the freedom to focus on what truly matters: celebrating and supporting each other.

As stated on its FY2025 Form 990.

Program

  1. Welcome home angle imrpoves health, safety, and quality of life for children with complex medical needs through customized home modifications. By transforming bathrooms for wheelchair accessibility, creating sensory and therapy spaces, and making spaces more adaptable - including for siblings - we reduced environmental barriers, eased caregiver burden, and enhanced daily functioning. Serving families in southeastern north carolina and the triangle and triad, we completed 12 full home transformations that directly impacted over 43 individuals. In response to growing community needs, welcome home angel is also evolving to offer aging-in-place services that support independence and accessibility across the lifespan.

    $518,487 spentof which $122,882 as grants
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $518,487.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($190k) Expenses 100 ($132k) Net assets 100 ($204k)2018 Revenue 124 ($236k) Expenses 125 ($165k) Net assets 135 ($274k)2019 Revenue 203 ($387k) Expenses 214 ($284k) Net assets 186 ($378k)2020 Revenue 30 ($57k) Expenses 41 ($54k) Net assets 187 ($381k)2021 Revenue 98 ($187k) Expenses 66 ($87k) Net assets 236 ($481k)2022 Revenue 152 ($289k) Expenses 259 ($342k) Net assets 210 ($427k)2023 Revenue 213 ($405k) Expenses 376 ($497k) Net assets 219 ($445k)2024 Revenue 316 ($603k) Expenses 450 ($596k) Net assets 222 ($451k)2025 Revenue 786 ($1.5M) Expenses 506 ($669k) Net assets 628 ($1.3M)
'17'18'19'20'21'22'23'24'25
Revenue (786)Expenses (506)Net assets (628)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $539k to $1.3M (+146%).

$204k
$276k
$379k
$381k
$488k
$577k
$596k
$539k
$1.3M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

90% of WELCOME HOME ANGEL INC’s revenue is contributions — more donation-reliant than the typical peer (88% for the typical peer).

This organization
Typical peer · 2,293 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$58k
’17
$71k
’18
$103k
’19
$3k
’20
$100k
’21
−$54k
’22
−$92k
’23
$7k
’24
$827k
’25
6.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Craig Wagner

CEO

As listed on its FY2025 Form 990.

2017201820192022202320242025
Listed10151815121212
Joined·+6+4·+3+7+1
No longer listed·11·671
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 4 funders to 7 funders, grant income fell $55k → $41k.

7 of 26 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 16% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of WELCOME HOME ANGEL INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

WELCOME HOME ANGEL INC leans on a few funders — its largest provides 39% of grant income and the top three 71%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

39%
largest funder
71%
top three
~4
effective funders

Largest funder’s share by year: 2017 92% · 2018 49% · 2019 78% · 2020 38% · 2021 86% · 2022 34% · 2023 62% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

40% of WELCOME HOME ANGEL INC's funders are still giving 3 years after their first grant; 46% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

WELCOME HOME ANGEL INC draws 53% of its grant income from funders outside North Carolina, across 9 states in all.

WA
IL
WI
CT
MO
DE
NC
SC
TX

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $150k arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

WELCOME HOME ANGEL INC runs a healthier operating margin than three-quarters of the 1,074 environment nonprofits its size.

Operating margin55% · top quartile
Months of reserve6.9mo · above the median
Revenue growth (annualized)29% · top quartile

this organization peer median middle 50% of peers· 1,074 environment nonprofits $1M–$10M, FY2025

Organizations like WELCOME HOME ANGEL INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

78% of spending goes to programs.

Program 78%Management 13%Fundraising 10%

Governance

11
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

96%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NC

Screen this organization

A dated, signed PDF of the compliance screen for WELCOME HOME ANGEL INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds WELCOME HOME ANGEL INC?
WELCOME HOME ANGEL INC (North Carolina) receives grants from 26 organizations whose IRS filings report $925,250 to it, the largest being The Eshelman Foundation ($360,000). 12 of them have funded it in more than one year.
How many funders does WELCOME HOME ANGEL INC have?
IRS filings report 26 organizations giving $925,250 in grants to WELCOME HOME ANGEL INC, 12 of which have funded it in more than one year.
Who is the largest funder of WELCOME HOME ANGEL INC?
The Eshelman Foundation is the largest funder on record, with $360,000 in grants. The full list of funders is on this page.
How can an organization like WELCOME HOME ANGEL INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Welcome Home Angel →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 26 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing