Richard C Hirsch Foundation Inc C/o Welbilt Corp
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Richard C Hirsch Foundation Inc C/o Welbilt Corp is a 501(c)(3) organization based in New York, New York, registered in 1986, with $185,463 in FY2024 revenue. CharityIndex grades it F.
1 E 66th St Apt 8g, New York, NY, 10065 EIN 13-3343606 Since 1986
Revenue (FY2024)
$185K
▲ 248.5% vs prior year
Expenses (FY2024)
$282K
Net assets
$2.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Richard C Hirsch Foundation Inc C/o Welbilt Corp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating95 mo reserves · -52% 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 Richard C Hirsch Foundation Inc C/o Welbilt Corp: 95 mo reserves · -52% margin earns a F 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 Richard C Hirsch Foundation Inc C/o Welbilt Corp— 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 Richard C Hirsch Foundation Inc C/o Welbilt Corp: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $1.1M (FY2013) to $185K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.2M
Operating margin
-52.0%
Spent more than it raised in the latest fiscal year.
Total assets
$2.2M
Total liabilities
$0
Net assets
$2.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $185,463▲248% | $281,869▼1.9% | $2,226,405▼4.2% | $2,226,405▼4.2% | 990PF |
| 2023 | $53,220▼88.3% | $287,316▼8.0% | $2,322,811▼9.2% | $2,322,811▼9.2% | 990PF |
| 2022 | $453,761▲96.8% | $312,155▲16.1% | $2,556,907▲25.4% | $2,556,907▲22.7% | 990PF |
| 2021 | $230,531▼79.1% | $268,981▲4.3% | $2,038,388▼17.5% | $2,084,217▼15.6% | 990PF |
| 2020 | $1,104,037▲822% | $257,842▼4.6% | $2,470,016▲54.8% | $2,470,016▲54.8% | 990PF |
| 2019 | $119,771▼79.2% | $270,225▲10.3% | $1,595,896▼9.4% | $1,595,896▼9.4% | 990PF |
| 2018 | $576,572▲57.0% | $245,100▼7.7% | $1,761,248▲22.9% | $1,761,248▲22.9% | 990PF |
| 2017 | $367,173▲70.6% | $265,661▲8.4% | $1,433,431▼1.2% | $1,433,431▼1.2% | 990PF |
| 2016 | $215,164▼20.5% | $245,138▼15.6% | $1,451,369▼4.5% | $1,451,369▼4.5% | 990PF |
| 2015 | $270,611▼20.4% | $290,453▲37.1% | $1,520,206▼5.3% | $1,520,206▼5.3% | 990PF |
| 2014 | $340,109▼70.4% | $211,921▲10.1% | $1,604,809▲1.2% | $1,604,809▲0.9% | 990PF |
| 2013 | $1,147,107 | $192,549▲32.0% | $1,585,609▲68.4% | $1,590,609▲68.9% | 990PF |
| 2012 | — | $145,843▲43.8% | $941,600▲80.6% | $941,600▲80.6% | 990PF |
| 2011 | — | $101,425 | $521,426 | $521,426 | 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.
Frequently asked questions
- Is Richard C Hirsch Foundation Inc C/o Welbilt Corp a legitimate nonprofit?
- Yes. Richard C Hirsch Foundation Inc C/o Welbilt Corp is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-3343606, based in New York, New York. Donations are tax-deductible.
- What is Richard C Hirsch Foundation Inc C/o Welbilt Corp's EIN?
- Richard C Hirsch Foundation Inc C/o Welbilt Corp's Employer Identification Number (EIN) is 13-3343606.
- How much revenue does Richard C Hirsch Foundation Inc C/o Welbilt Corp report?
- Richard C Hirsch Foundation Inc C/o Welbilt Corp reported $185,463 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Richard C Hirsch Foundation Inc C/o Welbilt Corp have?
- CharityIndex grades Richard C Hirsch Foundation Inc C/o Welbilt Corp F, based on financial health (reserves and operating margin).
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Data for Richard C Hirsch Foundation Inc C/o Welbilt Corp (EIN 13-3343606) 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.