Boston Police Foundation Inc

Analysis

Boston Police Foundation Inc is a registered charity in United States, based in Woburn, MA. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Boston Police Foundation Inc reported income of $87k and spending of $65k, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $220k to $87k (-61%), an average of -21% a year. The sharpest change came in the year to June 2022, when income dropped by 37%. Over the whole period it spent 113% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Boston Police Foundation Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 41st percentile within MA. Charities of a similar size with the same main cause include Noblesville Girls Softballassociation Inc ($86k), Athletes Helping Athletes Inc ($87k) and Fuel & More ($86k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. It paid $4,000 in professional fundraising fees. At year end it held assets of $59k against liabilities of $0, net assets of $59k.