David & Heidi Welch Foundation is a 501(c)(3) organization based in Atherton, California, registered in 1999, with $9,193 in FY2025 revenue. CharityIndex grades it F.
Revenue (FY2025)
$9,193
▼ 84.8% vs prior year
Philanthropy median: $168K
Expenses (FY2025)
$28K
Net assets
$9,015
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for David & Heidi Welch Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For David & Heidi Welch Foundation: 4 mo reserves · -203% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for David & Heidi Welch Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For David & Heidi Welch Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $1.2M (FY2013) to $9,193 (FY2025) across 13 reported years.
Financial snapshot
Operating margin
-202.9%
Spent more than it raised in the latest fiscal year.
Total assets
$9,015
Total liabilities
$0
Net assets
$9,015
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $9,193▼84.8% | $27,846▼60.8% | $9,015▼67.4% | $9,015▼67.4% | 990PF |
| 2024 | $60,486▼40.2% | $71,061▼81.2% | $27,668▼27.7% | $27,668▼27.7% | 990PF |
| 2023 | $101,174▲229% | $377,361▲34.3% | $38,243▼87.8% | $38,243▼87.8% | 990PF |
| 2022 | $30,791▼10.2% | $280,912▲188% | $314,430▼44.3% | $314,430▼44.3% | 990PF |
| 2021 | $34,277▼19.0% | $97,477▲43.6% | $564,551▼10.1% | $564,551▼10.8% | 990PF |
| 2020 | $42,307▲65.2% | $67,858▲59.9% | $627,751▼3.9% | $632,751▼3.1% | 990PF |
| 2019 | $25,609▲104% | $42,435▼90.4% | $653,302▼2.5% | $653,302▼2.5% | 990PF |
| 2018 | -$669,702▼164% | $442,157▼9.9% | $670,128▼62.4% | $670,128▼62.4% | 990PF |
| 2017 | $1,045,404▲1054% | $490,654▲150% | $1,781,987▲45.2% | $1,781,987▲45.2% | 990PF |
| 2016 | $90,592▼11.1% | $196,309▼54.8% | $1,227,237▼7.9% | $1,227,237▼7.9% | 990PF |
| 2015 | $101,952▼89.9% | $434,587▼34.1% | $1,332,954▼20.0% | $1,332,954▼20.2% | 990PF |
| 2014 | $1,010,477▼13.1% | $659,235▲43.0% | $1,665,589▲26.7% | $1,670,589▲27.0% | 990PF |
| 2013 | $1,162,351 | $460,924 | $1,314,347 | $1,315,349 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for David & Heidi Welch Foundation (EIN 94-3332166) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.