Fenway High School Fund

Analysis

Fenway High School Fund is a registered charity in United States, based in Roxbury Xing, MA. It received its IRS tax-exemption ruling in July 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Fenway High School Fund reported income of $1.1m and spending of $397k, leaving 63% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $564k to $1.1m (+91%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fenway High School Fund sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Thomas Maclaren School Foundation ($1.1m), Council for Advancement and Support of Education-Asia Pacific ($1.1m) and Westmoreland County Community College Educational Foundation Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $49k (12% of expenses). At year end it held assets of $3.9m against liabilities of $22k, net assets of $3.9m.