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Washington · Nonprofit

WELD SEATTLE

WELD SEATTLE (Washington) receives grants from 28 organizations whose IRS filings report $4,794,030 to it, the largest being MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC ($965,000). 19 of them have funded it in more than one year, and 52% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$6.9M
Funders on record
28
Grants received
$4.8M
Net assets
$1.9M
19/28 repeat funderspeak grant-dependency 50%
01What it does

What Weld Seattle does

Programs

  1. Housing - weld collaborates with homeowners and development companies in the greater seattle area to utilize and care for properties that are not occupied to house weld members. Weld members are required to pay a small membership fee to participate in the program and weld full time staff monitors the houses and members to ensure safety and compliance. This program greatly serves our members and community by housing individuals who otherwise would struggle or be unable to find a place to live. In 2024, we served 230 members in our housing program, served by our full time housing staff of 5 and case management staff of 4 individuals.

    $725,543 spent
  2. Weld works - weld works is our employment division of the organization. Works partners with different community partners throughout the greater seattle area who need workers at their companies. When we have weld members who are seeking employment we pair them with the community partners, in the hopes of finding our members eventual full time employment. In 2024, we served 43 members through our weld works program. These members were served by our full time works team of 5 in 2024 with support from hr and our accounting department.

    $617,158 spent
  3. Community 1426 and programming launched an integrated job readiness and personal development initiative called weld month. This program was designed to equip our members with the tools, confidence, and community support they need to successfully transition into stable employment and long-term recovery. The programming team also continued their work with the life skills class throughout the year.weld month combines practical and holistic approaches - offering workshops and activities that focus on stress management, job interview preparation, digital literacy, group therapy, meditation, physical wellness, and peer connection. Each component helps participants strengthen both professional and personal skills, supporting their ability to rebuild sustainable lives post-incarceration.throughout 2024, 43 members participated in weld month and related community programs, 161 members participated in the life skills program served by a full time staff of 3 people.

    $491,827 spent

The 3 programs described on its FY2024 Form 990-PF.

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 ($53k) Expenses 100 ($100k) Net assets -29 ($-47225)2018 Revenue 794 ($420k) Expenses 209 ($210k) Net assets 100 ($163k)2019 Revenue 1441 ($763k) Expenses 689 ($691k) Net assets 144 ($236k)2020 Revenue 2533 ($1.3M) Expenses 1227 ($1.2M) Net assets 213 ($347k)2021 Revenue 5278 ($2.8M) Expenses 2589 ($2.6M) Net assets 335 ($547k)2022 Revenue 8514 ($4.5M) Expenses 3635 ($3.6M) Net assets 866 ($1.4M)2023 Revenue 9927 ($5.3M) Expenses 5048 ($5.1M) Net assets 987 ($1.6M)2024 Revenue 13030 ($6.9M) Expenses 6643 ($6.7M) Net assets 1154 ($1.9M)
'17'18'19'20'21'22'23'24
Revenue (13030)Expenses (6643)Net assets (1154)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 2021 to 2022, from $601k to $1.5M (+143%).

$28k
$164k
$250k
$505k
$601k
$1.5M
$1.7M
$2.1M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

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.

'17'18'19'20'21'22'23'24
Listed34666677
Joined·+1+3+0+0+0+4+0
No longer listed·0100030
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 13 funders, grant income rose $5k → $689k.

9 of 28 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 52% 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 WELD SEATTLE’s funders (the co-funder graph). Top 27 of 28 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

WELD SEATTLE has a broad base — no single funder exceeds 20% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

82% 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 WELD SEATTLE.

20%
largest funder
45%
top three
~10
effective funders

Largest funder’s share by year: 2017 100% · 2018 37% · 2019 46% · 2020 68% · 2021 38% · 2022 36% · 2023 31% — 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

46% of WELD SEATTLE's funders are still giving 3 years after their first grant; 68% give in more than one year at all.

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

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

52% of WELD SEATTLE'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 $2.3M that is directly attributable, 54% of it comes from Washington funders.

ME
WA
MN
IL
WI
CA
TN
TX
FL

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

’18
’19
’20
’21
’22
’23
Washington out of state home

Funder states come from each funder’s own filing. $2.5M arriving through sponsors registered in 8 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

WELD SEATTLE has grown faster than three-quarters of the 1,337 crime & legal nonprofits its size.

Months of reserve2.4mo · below the median
Revenue growth (annualized)101% · top quartile

this organization peer median middle 50% of peers· 1,337 crime & legal nonprofits $1M–$10M, FY2024

Government funding WELD SEATTLE receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $4.0M on record.

Federal$4.0M
grants $4.0Mcontracts $0
Top agencies
  • Department of Housing and Urban Development$4.0M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like WELD SEATTLE

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 Washington

Nationally

05Profile & governance

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

Screen this organization

A dated, signed PDF of the compliance screen for WELD SEATTLE: 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 WELD SEATTLE?
WELD SEATTLE (Washington) receives grants from 28 organizations whose IRS filings report $4,794,030 to it, the largest being MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC ($965,000). 19 of them have funded it in more than one year, and 52% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does WELD SEATTLE have?
IRS filings report 28 organizations giving $4,794,030 in grants to WELD SEATTLE, 19 of which have funded it in more than one year.
Who is the largest funder of WELD SEATTLE?
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC is the largest funder on record, with $965,000 in grants. The full list of funders is on this page.
How can an organization like WELD SEATTLE find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. 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 Weld Seattle →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 28 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 22, 2026. What this page cannot tell you · view filing