Boston City Lights Foundation Inc

Analysis

Boston City Lights Foundation Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Boston City Lights Foundation Inc reported income of $197k and spending of $186k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $160k to $197k (+23%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 127%. Over the whole period it spent 65% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Boston City Lights Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within MA. Charities of a similar size with the same main cause include Magik Magik Orchestra ($197k), Kalamazoo Book Arts Center ($197k) and KS Jamm Dance Troupe Inc ($197k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $774k against liabilities of $229k, net assets of $546k.