Marsha & David Veit Charitable Foundation Inc is a 501(c)(3) organization based in San Francisco, California, registered in 1998, with $386,122 in FY2025 revenue. CharityIndex grades it C+.
Revenue (FY2025)
$386K
▲ 337.0% vs prior year
Education median: $200K
Expenses (FY2025)
$74K
Net assets
$1.9M
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 Marsha & David Veit Charitable Foundation Inc— 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 Marsha & David Veit Charitable Foundation Inc: 300 mo reserves · +81% margin earns a B+ 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 Marsha & David Veit Charitable Foundation Inc— 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 Marsha & David Veit Charitable Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $85K (FY2013) to $386K (FY2025) across 13 reported years.
Financial snapshot
Operating margin
80.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.9M
Total liabilities
$0
Net assets
$1.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $386,122▲337% | $74,280▼16.1% | $1,859,161▲13.0% | $1,859,161▲13.0% | 990PF |
| 2024 | $88,348▼22.7% | $88,548▼28.9% | $1,645,890 | $1,645,890 | 990PF |
| 2023 | $114,258▲104% | $124,457▲54.6% | $1,646,090▼0.6% | $1,646,090▼0.6% | 990PF |
| 2022 | $55,909▼84.7% | $80,506▲5.4% | $1,656,289▼1.5% | $1,656,289▼1.5% | 990PF |
| 2021 | $364,769▲9.4% | $76,386▼2.8% | $1,680,886▲20.7% | $1,680,886▲20.7% | 990PF |
| 2020 | $333,541▲1149% | $78,579▲28.1% | $1,392,503▲22.4% | $1,392,503▲22.4% | 990PF |
| 2019 | $26,700▼5.8% | $61,331▼15.0% | $1,137,541▼3.0% | $1,137,541▼3.0% | 990PF |
| 2018 | $28,351▼36.7% | $72,136▲130% | $1,172,172▼3.6% | $1,172,172▼3.6% | 990PF |
| 2017 | $44,797▼84.5% | $31,428▲27.3% | $1,215,957▲1.1% | $1,215,957▲1.1% | 990PF |
| 2016 | $289,617▼31.1% | $24,688▼34.1% | $1,202,588▲28.3% | $1,202,588▲28.3% | 990PF |
| 2015 | $420,486▲124% | $37,472▼32.6% | $937,659▲69.1% | $937,659▲69.1% | 990PF |
| 2014 | $187,317▲121% | $55,587▲53.5% | $554,645▲31.1% | $554,645▲31.1% | 990PF |
| 2013 | $84,645 | $36,206 | $422,915 | $422,915 | 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 Marsha & David Veit Charitable Foundation Inc (EIN 13-4007110) 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.