Foxboro Discretionary Fund Inc

Analysis

Foxboro Discretionary Fund Inc is a registered charity in United States, based in Foxboro, MA. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Foxboro Discretionary Fund Inc reported income of $123k and spending of $153k, spending 125% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $141k to $123k (-13%), an average of -13% a year. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Foxboro Discretionary Fund Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 48th percentile within MA. Charities of a similar size with the same main cause include Spectrum Fusion ($123k), Pierce Senior Citizens Center ($123k) and Guardian Angel Center Inc ($122k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $325k against liabilities of $0, net assets of $325k.