Welfare Research Inc

Organization Overview

Welfare Research Inc, operating under the name Wri Solutions, is located in Albany, NY. The organization was established in 1967. According to its NTEE Classification (P05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Human Services and related organizations. As of 12/2023, Wri Solutions employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wri Solutions is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Wri Solutions generated $8.3m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $8.5m during the year ending 12/2023. While expenses have increased by 13.1% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

SEE PART III, LINE 1

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PROGRAM SERVICES PROVIDED STUDIES, PROJECTS, AND OTHER RELATED RESEARCH IN THE AREA OF HUMAN SERVICES.


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Board, Officers & Key Employees

Name (title)Compensation
Judy Archer
Director
$0
Bryn Canner
Director
$0
Tara Dubey
Director
$0
Lauri Goldkind
Director
$0
Helene Lauffer
Director
$0
Bailey Mack
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $7,969,784
All other contributions, gifts, grants, and similar amounts not included above$244,629
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$8,214,413
Total Program Service Revenue$0
Investment income $329
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,255,935

Grants Awarded

Over the last fiscal year, Welfare Research Inc has awarded $35,777,968 in support to 3 organizations.

Grant RecipientAmount

OFFICE OF CHILDREN AND FAMILY SERVICES EDUCATION AND TRAINING VOUCHERS

PURPOSE: THE OFFICE OF CHILDREN AND FAMILY SERVICES EDUCATION AND TRAINING VOUCHERS HELPS YOUTH AGING OUT OF FOSTER CARE TO MAKE THE TRANSITION TO SELF-SUFFICIENCY AND RECEIVE THE EDUCATION, TRAINING AND SERVICES NECESSARY TO OBTAIN EMPLOYMENT.

$2,708,481

OFFICE OF CHILDREN AND FAMILY SERVICES EMPIRE PANDEMIC RESPONSE FUND

PURPOSE: THE EMPIRE PANDEMIC RESPONSE FUND SUPPORTS THE BRAVE WORKING FAMILIES WHO HAVE GOTTEN OUR STATE THROUGH THE PANDEMIC AND INTO REBUILDING AND ECONOMIC RECOVERY.

$27,131,287

CHAFEE FUNDS PROGRAM OF NEW YORK STATE

PURPOSE: THE CHAFEE FUNDS PROGRAM OFFERS FINANCIAL AWARDS TO ELIGIBLE YOUTH WHO ARE CURRENTLY OR WERE IN FOSTER CASE TO ASSIST WITH EXPENSES INCURRED BETWEEN APRIL 1, 2020 AND SEPTEMBER 30, 2021 AS A RESULT OF THE COVID-19 PUBLIC HEALTH EMERGENCY.

$5,938,200
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