Vincent B and Barbara G Welch Supporting Organization is a 501(c)(3) organization based in Ellsworth, Maine, registered in 2009, with $1,007,651 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.0M
▲ 39.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$486K
Net assets
$8.1M
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 Vincent B and Barbara G Welch Supporting Organization— 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 Vincent B and Barbara G Welch Supporting Organization: 201 mo reserves · +52% 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 Vincent B and Barbara G Welch Supporting Organization— 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 Vincent B and Barbara G Welch Supporting Organization: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $285K (FY2013) to $1.0M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
51.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$8.5M
Total liabilities
$400K
Net assets
$8.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,007,651▲39.9% | $486,061▲32.3% | $8,149,244▲6.5% | $8,549,244▲6.2% | 990 |
| 2023 | $720,310▲117% | $367,399▼56.4% | $7,653,331▲8.8% | $8,053,331▲6.9% | 990 |
| 2022 | $331,437▼37.0% | $843,226▲126% | $7,033,099▼21.3% | $7,533,099▼16.6% | 990 |
| 2021 | $525,715▲96.1% | $373,144▲19.9% | $8,935,802▲16.4% | $9,035,802▲14.7% | 990 |
| 2020 | $268,024▲56.2% | $311,238▲14.2% | $7,675,354▲11.9% | $7,875,354▲10.0% | 990 |
| 2019 | $171,582▼63.5% | $272,587▼66.1% | $6,858,985▲10.9% | $7,158,985▲8.5% | 990 |
| 2018 | $469,795▲97.3% | $803,731▲122% | $6,183,068▼12.8% | $6,595,568▼7.0% | 990 |
| 2017 | $238,109▲1.4% | $361,575▲18.9% | $7,090,193▲9.3% | $7,095,193▲9.2% | 990 |
| 2016 | $234,857▼9.1% | $304,098▲10.2% | $6,487,522▲3.1% | $6,497,522▲2.1% | 990 |
| 2015 | $258,294▼1.3% | $275,845▲7.3% | $6,293,575▼4.6% | $6,362,575▼5.7% | 990 |
| 2014 | $261,611▼8.1% | $257,009▼40.6% | $6,594,491▲1.6% | $6,744,491▲0.1% | 990 |
| 2013 | $284,662 | $432,678▲41.8% | $6,488,292▲9.0% | $6,738,292▲10.0% | 990 |
| 2012 | — | $305,160▼41.3% | $5,953,283▲8.1% | $6,125,683▲7.3% | 990 |
| 2011 | — | $519,453▲2349% | $5,509,600▼8.9% | $5,707,400▼5.6% | 990 |
| 2010 | — | $21,208 | $6,047,210 | $6,047,210 | 990 |
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 Vincent B and Barbara G Welch Supporting Organization (EIN 27-0676659) 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.