Boston Celtics Shamrock Foundation Inc

Analysis

Boston Celtics Shamrock Foundation Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in July 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Boston Celtics Shamrock Foundation Inc reported income of $4.3m and spending of $3.2m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $4.3m (+127%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 93%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boston Celtics Shamrock Foundation Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MA. Charities of a similar size with the same main cause include Elderly Services Inc ($4.3m), De LA Salle Education Center ($4.3m) and Northern Prairie Performing Arts ($4.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 118% of the total. At year end it held assets of $6.3m against liabilities of $394k, net assets of $5.9m.