Massachusetts · Nonprofit
WELCOMENST INC
WELCOMENST INC (Massachusetts) receives grants from 17 organizations whose IRS filings report $1,607,559 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($855,100). 9 of them have funded it in more than one year, and 64% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $1.1M
- Funders on record
- 17
- Grants received
- $1.6M
- Net assets
- $244k
What Welcomenst Inc does
Mission
Our mission is to unleash the power of community to offer refuge to refugees and immigrants by forming neighborhood support teams (nsts) that organize their neighbors, find housing, raise money and welcome one family into their neighborhood - walking alongside them on their road to self- sufficiency.
As stated on its FY2024 Form 990.
Program
During 2024, welcomenst engaged communities from across the country to form neighborhood support teams (nsts) - each welcoming one refugee or immigrant family from around the world into their community. Once welcomed, mentors from welcomenst trained and supported these nsts and they helped those families restart their lives; including registering kids for school, helping them sign up for esl classes, benefits and assisting in finding jobs, healthcare and transportation.
$928,704 spentof which $770,102 as grants$325,183 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $928,704.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $29k to $219k (+642%).
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.
100% of WELCOMENST INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (81% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 5 reported years ran a deficit.
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
Elizabeth Davis-Edwards
CEO
As listed on its FY2024 Form 990.
Who funds it, year by year
2021 → 2023: the base broadened from 1 funder to 9 funders, grant income rose $28k → $466k.
6 of 17 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 64% 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 WELCOMENST INC’s funders (the co-funder graph). Top 16 of 17 funders by total. 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
WELCOMENST INC leans on a few funders — its largest provides 53% of grant income and the top three 85%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
93% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund WELCOMENST INC.
Largest funder’s share by year: 2021 100% · 2022 48% · 2023 53% — 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.
Where its funders are
64% of WELCOMENST INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $574k that is directly attributable, 95% of it comes from funders outside Massachusetts, across 7 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.0M arriving through sponsors registered in 5 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.
Against its field
WELCOMENST INC has grown faster than three-quarters of the 11,263 human services nonprofits its size.
this organization peer median middle 50% of peers· 11,263 human services nonprofits $1M–$10M, FY2024
Organizations like WELCOMENST 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 Massachusetts
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
87% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for WELCOMENST 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.
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 WELCOMENST INC?
- WELCOMENST INC (Massachusetts) receives grants from 17 organizations whose IRS filings report $1,607,559 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($855,100). 9 of them have funded it in more than one year, and 64% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does WELCOMENST INC have?
- IRS filings report 17 organizations giving $1,607,559 in grants to WELCOMENST INC, 9 of which have funded it in more than one year.
- Who is the largest funder of WELCOMENST INC?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $855,100 in grants. The full list of funders is on this page.
- How can an organization like WELCOMENST INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. 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 Welcomenst →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 17 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