Braintree July 4th Celebration Committee

Analysis

Braintree July 4th Celebration Committee is a registered charity in United States, based in Braintree, MA. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Braintree July 4th Celebration Committee reported income of $134k and spending of $125k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $122k to $134k (+9.7%), an average of +9.7% a year. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Braintree July 4th Celebration Committee sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 50th percentile within MA. Charities of a similar size with the same main cause include All Pono ($134k), Rocky Mountain Riders Association ($134k) and Cumberland Soccer Club ($134k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $96k against liabilities of $0, net assets of $96k.