William I Smith Family Foundation is a 501(c)(3) organization based in Seattle, Washington, registered in 2012, with $962,559 in FY2025 revenue. CharityIndex grades it B.
Revenue (FY2025)
$963K
▼ 57.8% vs prior year
Philanthropy median: $168K
Expenses (FY2025)
$960K
Net assets
$9.3M
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 William I Smith Family 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 William I Smith Family Foundation: 116 mo reserves · +0% 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 William I Smith Family 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 William I Smith Family Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $426K (FY2018) to $963K (FY2025) across 8 reported years.
Financial snapshot
Operating margin
0.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$9.3M
Total liabilities
$0
Net assets
$9.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $962,559▼57.8% | $959,779▲15.0% | $9,263,666 | $9,263,666 | 990PF |
| 2024 | $2,279,573▲87.2% | $834,913▲1.7% | $9,265,630▲18.7% | $9,265,630▲18.7% | 990PF |
| 2023 | $1,217,973▲85.6% | $821,146▲10.1% | $7,805,107▲4.9% | $7,805,107▲4.9% | 990PF |
| 2022 | $656,253▲14.0% | $745,798▼3.5% | $7,443,372▼1.1% | $7,443,372▼1.1% | 990PF |
| 2021 | $575,595▼17.7% | $773,083▲4.3% | $7,528,557▼2.2% | $7,528,557▼2.2% | 990PF |
| 2020 | $699,433▼43.7% | $741,214▲8.3% | $7,697,796▲0.1% | $7,697,796▲0.1% | 990PF |
| 2019 | $1,242,436▲192% | $684,252▲13.0% | $7,691,712▲6.8% | $7,691,712▲6.8% | 990PF |
| 2018 | $425,862 | $605,373 | $7,203,315 | $7,203,315 | 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 William I Smith Family Foundation (EIN 45-3368044) 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.