Weldon F Osborne Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Weldon F Osborne Foundation Inc is a 501(c)(3) organization based in Chattanooga, Tennessee, registered in 1961, with $2,496,161 in FY2024 revenue. CharityIndex grades it B.
100 West Ml King Blvd 210, Chattanooga, TN, 37402 EIN 62-6026442 Since 1961
Revenue (FY2024)
$2.5M
▲ 61.2% vs prior year
Expenses (FY2024)
$1.7M
Net assets
$24.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 Weldon F Osborne 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 →
B+Financial health25% of the rating168 mo reserves · +31% 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 Weldon F Osborne Foundation Inc: 168 mo reserves · +31% margin earns a B+ 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 Weldon F Osborne 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 →
CTransparency10% of the rating2 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 Weldon F Osborne Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 100 West Ml King Blvd 210, Chattanooga, TN, 37402
- City
- Chattanooga
- State
- Tennessee
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $1.9M (FY2019) to $2.5M (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $296KNet assets $24.1M
Operating margin
31.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$24.4M
Total liabilities
$296K
Net assets
$24.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,496,161▲61.2% | $1,717,747▲11.7% | $24,056,706▲4.4% | $24,352,706▲4.1% | 990PF |
| 2023 | $1,548,009▼33.5% | $1,537,247▼26.8% | $23,044,234▲6.7% | $23,390,180▲6.1% | 990PF |
| 2022 | $2,329,497▲9.4% | $2,100,287▲6.8% | $21,590,721▲9.5% | $22,051,482▲10.9% | 990PF |
| 2021 | $2,129,773▼28.5% | $1,966,340▲12.0% | $19,725,035▼17.6% | $19,880,669▼17.3% | 990PF |
| 2020 | $2,980,665▲56.4% | $1,755,331▲6.5% | $23,928,298▲21.1% | $24,028,923▲19.6% | 990PF |
| 2019 | $1,905,221 | $1,648,351 | $19,755,451 | $20,086,236 | 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 Weldon F Osborne Foundation Inc a legitimate nonprofit?
- Yes. Weldon F Osborne Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 62-6026442, based in Chattanooga, Tennessee. Donations are tax-deductible.
- What is Weldon F Osborne Foundation Inc's EIN?
- Weldon F Osborne Foundation Inc's Employer Identification Number (EIN) is 62-6026442.
- How much revenue does Weldon F Osborne Foundation Inc report?
- Weldon F Osborne Foundation Inc reported $2,496,161 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Weldon F Osborne Foundation Inc have?
- CharityIndex grades Weldon F Osborne Foundation Inc B, based on financial health (reserves and operating margin).
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Data for Weldon F Osborne Foundation Inc (EIN 62-6026442) 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.