Bill Belichick Foundation

Analysis

Bill Belichick Foundation is a registered charity in United States, based in Wellesley, MA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Bill Belichick Foundation reported income of $541k and spending of $533k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $617k to $541k (-12%), an average of -3.2% a year. The sharpest change came in the year to December 2020, when income rose by 138%. Over the whole period it spent 83% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Bill Belichick Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within MA. Charities of a similar size with the same main cause include Danbury Police Athletic League Inc ($541k), Madison County Livestock & Fair Association ($542k) and Campaign One at a Time ($541k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% of the total. It paid $22k in professional fundraising fees. At year end it held assets of $1.4m against liabilities of $458k, net assets of $972k.