Charity Search / WELD SEATTLE
Crime & Legal-Related (I19) 990 on File

WELD SEATTLE

EIN: 81-3922645 · SEATTLE, WA 98177-0570 · United States · FY 2023 Data
Closed and removed from the registry
This organization is not in good standing with its registry and is not rated.
Not rated Based on 2+ years of filings
Financial strength (30%) 62/100
Reliability (20%) 30/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$5.3M
Total Revenue
$5.1M
Total Expenses
$1.6M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 99.9%
Fundraising Efficiency N/A
Operating Reserve 3.82x
Liability-to-Asset 6.3%
Revenue Diversification 74.8%
Executive Compensation $588K
Compared with Peers
FY 2023
Compared with 1,197 similar organizations (United States, Crime & Legal-Related, $1M–$10M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
99.9% 83.8%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
3.8 mo 7.9 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
6.3% 16.9%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
74.8% 96.9%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
16.6% 9.9%
P10P90
Expense growth
Year over year expense growth
38.9% 12.0%
P10P90
Surplus margin
Surplus as a share of revenue
3.8% 2.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $5.3M $5.1M $1.6M 99.9% —
2022 $4.5M $3.6M $1.4M 99.9% —
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Organization Details
EIN
81-3922645
State
WA
City
SEATTLE
ZIP
98177-0570
Classification
I19
Category
Crime & Legal-Related
Rating
Closed Not rated
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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