The William F Welch and Lorene W Welch Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
The William F Welch and Lorene W Welch Foundation is a 501(c)(3) organization based in Sheridan, Wyoming, registered in 1994, with $163,609 in FY2024 revenue. CharityIndex grades it F.
Po Box J, Sheridan, WY, 82801 EIN 83-6033434 Since 1994
Revenue (FY2024)
$164K
▲ 192.0% vs prior year
Expenses (FY2024)
$281K
Net assets
$1.9M
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 The William F Welch and Lorene W 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 →
FFinancial health25% of the rating81 mo reserves · -71% 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 The William F Welch and Lorene W Welch Foundation: 81 mo reserves · -71% 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 The William F Welch and Lorene W 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 →
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 The William F Welch and Lorene W Welch Foundation: 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 $270K (FY2013) to $164K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.9M
Operating margin
-71.5%
Spent more than it raised in the latest fiscal year.
Total assets
$1.9M
Total liabilities
$0
Net assets
$1.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $163,609▲192% | $280,510▲19.3% | $1,899,823▼5.8% | $1,899,823▼5.8% | 990PF |
| 2023 | -$177,867▼366% | $235,071▲8.4% | $2,016,724▼17.0% | $2,016,724▼17.0% | 990PF |
| 2022 | $66,764▲42.2% | $216,867▼20.5% | $2,429,662▼5.8% | $2,429,662▼5.8% | 990PF |
| 2021 | $46,939▼88.1% | $272,622▼6.1% | $2,579,765▼8.0% | $2,579,765▼8.0% | 990PF |
| 2020 | $395,126▲184% | $290,299▲31.1% | $2,805,448▲3.9% | $2,805,448▲3.9% | 990PF |
| 2019 | $139,205▼7.7% | $221,448▼5.0% | $2,700,621▼3.0% | $2,700,621▼3.0% | 990PF |
| 2018 | $150,818▼50.8% | $233,110▲1.9% | $2,782,864▼2.9% | $2,782,864▼2.9% | 990PF |
| 2017 | $306,814▼47.6% | $228,690▲3.2% | $2,865,156▲2.8% | $2,865,156▲2.8% | 990PF |
| 2016 | $585,417▲2206% | $221,571▼18.9% | $2,787,032▲15.0% | $2,787,032▲15.0% | 990PF |
| 2015 | -$27,793▼119% | $273,205▲42.0% | $2,423,186▼11.0% | $2,423,186▼11.0% | 990PF |
| 2014 | $147,498▼45.4% | $192,452▼4.2% | $2,724,184▼1.6% | $2,724,184▼1.6% | 990PF |
| 2013 | $269,933 | $200,860▼17.4% | $2,769,138▲2.6% | $2,769,138▲2.6% | 990PF |
| 2012 | — | $243,288▲2.0% | $2,700,065▼1.8% | $2,700,065▼1.8% | 990PF |
| 2011 | — | $238,456▲5.2% | $2,748,811▼1.0% | $2,748,811▼1.0% | 990PF |
| 2010 | — | $226,745▲116% | $2,775,429▼0.3% | $2,775,429▼0.3% | 990PF |
| 2009 | — | $105,042 | $2,784,313 | $2,784,313 | 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 The William F Welch and Lorene W Welch Foundation a legitimate nonprofit?
- Yes. The William F Welch and Lorene W Welch Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 83-6033434, based in Sheridan, Wyoming. Donations are tax-deductible.
- What is The William F Welch and Lorene W Welch Foundation's EIN?
- The William F Welch and Lorene W Welch Foundation's Employer Identification Number (EIN) is 83-6033434.
- How much revenue does The William F Welch and Lorene W Welch Foundation report?
- The William F Welch and Lorene W Welch Foundation reported $163,609 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does The William F Welch and Lorene W Welch Foundation have?
- CharityIndex grades The William F Welch and Lorene W Welch Foundation F, based on financial health (reserves and operating margin).
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Data for The William F Welch and Lorene W Welch Foundation (EIN 83-6033434) 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.