Weldon H Smith Foundation is a 501(c)(3) organization based in Richmond, Virginia, registered in 2012, with $21,541 in FY2025 revenue. CharityIndex grades it C+.
Revenue (FY2025)
$22K
▲ 242.5% vs prior year
Philanthropy median: $168K
Expenses (FY2025)
$21K
Net assets
$32K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 H Smith 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 Weldon H Smith Foundation: 18 mo reserves · +2% margin earns a A 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 Weldon H Smith 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 Weldon H Smith Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $12K (FY2013) to $22K (FY2025) across 13 reported years.
Financial snapshot
Operating margin
1.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$32K
Total liabilities
$0
Net assets
$32K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $21,541▲242% | $21,140▲105% | $31,754 | $31,754 | 990PF |
| 2024 | $6,290▼72.5% | $10,337▼11.7% | $0▼100% | $0▼100% | 990PF |
| 2023 | $22,905▲14.5% | $11,713▼29.2% | $34,295▲59.5% | $34,295▲59.5% | 990PF |
| 2022 | $20,004▲240% | $16,536▲75.9% | $21,506▲30.3% | $21,506▲30.3% | 990PF |
| 2021 | $5,888▼18.2% | $9,401▼8.6% | $16,509▼11.0% | $16,509▼11.0% | 990PF |
| 2020 | $7,200▼47.0% | $10,281▲66.6% | $18,559▼30.2% | $18,559▼30.2% | 990PF |
| 2019 | $13,593▲7.4% | $6,172▼53.2% | $26,592▲46.6% | $26,592▲46.6% | 990PF |
| 2018 | $12,656▲70.8% | $13,190▲144% | $18,143▼2.9% | $18,143▼2.9% | 990PF |
| 2017 | $7,408▼50.8% | $5,411▼53.4% | $18,677▲5.3% | $18,677▲5.3% | 990PF |
| 2016 | $15,061▲13.3% | $11,624▲55.7% | $17,729▲24.0% | $17,729▲24.0% | 990PF |
| 2015 | $13,294▼7.8% | $7,466▼36.8% | $14,292▲11.5% | $14,292▲11.5% | 990PF |
| 2014 | $14,417▲18.7% | $11,810▼7.9% | $12,818▲25.5% | $12,818▲25.5% | 990PF |
| 2013 | $12,144 | $12,823▲48.8% | $10,211▼6.2% | $10,211▼6.2% | 990PF |
| 2012 | — | $8,619 | $10,890 | $10,890 | 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 Weldon H Smith Foundation (EIN 54-1806633) 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.