Smith-welsh Foundation is a 501(c)(3) organization based in Hailey, Idaho, registered in 1985, with $335,439 in FY2025 revenue. CharityIndex grades it D.
Revenue (FY2025)
$335K
▼ 18.9% vs prior year
Expenses (FY2025)
$474K
Net assets
$1.5M
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 Smith-welsh 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 Smith-welsh Foundation: 38 mo reserves · -41% margin earns a D 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 Smith-welsh 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 Smith-welsh Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $108K (FY2013) to $335K (FY2025) across 12 reported years.
Financial snapshot
Operating margin
-41.4%
Spent more than it raised in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$0
Net assets
$1.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $335,439▼18.9% | $474,152▲8.9% | $1,516,927▼8.4% | $1,516,927▼8.4% | 990PF |
| 2024 | $413,513▲31.0% | $435,533▲15.3% | $1,655,640▼1.3% | $1,655,640▼1.3% | 990PF |
| 2023 | $315,682▲366% | $377,720▲8.5% | $1,677,660▼3.6% | $1,677,660▼3.6% | 990PF |
| 2022 | $67,710▼9.7% | $348,090▼14.8% | $1,739,698▼13.9% | $1,739,698▼13.9% | 990PF |
| 2021 | $75,006▼93.6% | $408,746▲26.3% | $2,020,078▼14.2% | $2,020,078▼14.2% | 990PF |
| 2020 | $1,170,934▲359% | $323,688▲62.3% | $2,353,818▲56.2% | $2,353,818▲56.2% | 990PF |
| 2019 | $255,052▲44.7% | $199,465▼23.2% | $1,506,572▲3.8% | $1,506,572▲3.8% | 990PF |
| 2018 | $176,262▲10.0% | $259,864▼4.6% | $1,450,985▼5.4% | $1,450,985▼5.4% | 990PF |
| 2017 | $160,302▼49.6% | $272,423▲0.4% | $1,534,587▼6.8% | $1,534,587▼6.8% | 990PF |
| 2016 | $318,134▲133% | $271,255▼15.6% | $1,646,708▲2.9% | $1,646,708▲2.9% | 990PF |
| 2015 | $136,584▲26.6% | $321,269▲23.2% | $1,599,829▼11.3% | $1,599,829▼11.3% | 990PF |
| 2013 | $107,858 | $260,826▲28.0% | $1,804,224▼7.8% | $1,804,224▼7.8% | 990PF |
| 2012 | — | $203,755▼16.3% | $1,957,192▲2.3% | $1,957,192▲2.3% | 990PF |
| 2011 | — | $243,505 | $1,912,763 | $1,912,763 | 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 Smith-welsh Foundation (EIN 95-3958030) 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.