Joey O Donnell Foundation Trust

Analysis

Joey O Donnell Foundation Trust is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in June 1992, 34 years ago. 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 October 2023, Joey O Donnell Foundation Trust reported income of $126k and spending of $143k, spending 114% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income fell from $337k to $126k (-63%), an average of -22% a year. The sharpest change came in the year to October 2023, when income dropped by 39%. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Joey O Donnell Foundation Trust sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 49th percentile within MA. Charities of a similar size with the same main cause include Mt Morris Senior Citizens Council ($125k), Pi Mu Epsilon Inc ($126k) and New Hampshire Humanities Council Inc ($125k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $153k against liabilities of $91k, net assets of $61k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.