Joseph W Welch Jr Foundation Tr
Only null% goes to programs Strong reserves Declining revenue
Joseph W Welch Jr Foundation Tr is a 501(c)(3) organization based in San Bruno, California, registered in 2017, with $458,369 in FY2024 revenue. CharityIndex grades it C+.
383 San Bruno Ave W, San Bruno, CA, 94066 EIN 47-6429734 Since 2017
Revenue (FY2024)
$458K
▲ 13.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$333K
Net assets
$8.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Joseph W Welch Jr Foundation Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating294 mo reserves · +27% margin
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 Joseph W Welch Jr Foundation Tr: 294 mo reserves · +27% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Joseph W Welch Jr Foundation Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
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 Joseph W Welch Jr Foundation Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 383 San Bruno Ave W, San Bruno, CA, 94066
- City
- San Bruno
- State
- California
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $299K (FY2016) to $458K (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $8.1M
Operating margin
27.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$8.1M
Total liabilities
$0
Net assets
$8.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $458,369▲13.8% | $332,509▲39.3% | $8,135,129▲1.6% | $8,135,129▲1.6% | 990PF |
| 2023 | $402,636▲4.2% | $238,749▼42.3% | $8,010,546▲2.1% | $8,010,546▲2.1% | 990PF |
| 2022 | $386,316▼35.3% | $414,043▼23.5% | $7,846,659▼0.4% | $7,846,659▼0.4% | 990PF |
| 2021 | $597,091▲53.3% | $541,547▼26.0% | $7,874,386▲0.7% | $7,874,386▲0.7% | 990PF |
| 2020 | $389,560▲1.0% | $732,177▼0.4% | $7,818,842▼4.2% | $7,818,842▼4.2% | 990PF |
| 2019 | $385,678▼11.7% | $735,021▲11.2% | $8,161,459▼4.1% | $8,161,459▼4.1% | 990PF |
| 2018 | $436,654▲37.4% | $660,835▲264% | $8,510,802▼2.6% | $8,510,802▼2.6% | 990PF |
| 2017 | $317,759▲6.1% | $181,739▼24.0% | $8,734,983▲1.6% | $8,734,983▲1.6% | 990PF |
| 2016 | $299,404 | $239,065 | $8,599,088 | $8,599,088 | 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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Frequently asked questions
- Is Joseph W Welch Jr Foundation Tr a legitimate nonprofit?
- Yes. Joseph W Welch Jr Foundation Tr is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 47-6429734, based in San Bruno, California. Donations are tax-deductible.
- What is Joseph W Welch Jr Foundation Tr's EIN?
- Joseph W Welch Jr Foundation Tr's Employer Identification Number (EIN) is 47-6429734.
- How much revenue does Joseph W Welch Jr Foundation Tr report?
- Joseph W Welch Jr Foundation Tr reported $458,369 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Joseph W Welch Jr Foundation Tr have?
- CharityIndex grades Joseph W Welch Jr Foundation Tr C+, based on financial health (reserves and operating margin).
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Data for Joseph W Welch Jr Foundation Tr (EIN 47-6429734) 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.