Bostonian Foundation Inc

Analysis

Bostonian Foundation Inc is a registered charity in United States, based in Braintree, MA. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bostonian Foundation Inc reported income of $750k and spending of $974k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $800k to $750k (-6.3%), an average of -1.6% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 147% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bostonian Foundation Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MA. Charities of a similar size with the same main cause include Sterling Foundation ($750k), Pregnancy Care Center ($750k) and Bionorthtexas Foundation ($749k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $4.9m against liabilities of $11.0m, net assets of -$6.0m.

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.