Shawn Thornton Foundation Inc

Analysis

Shawn Thornton Foundation Inc is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Shawn Thornton Foundation Inc reported income of $157k and spending of $182k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $170k to $157k (-7.9%), an average of -2.0% a year. The sharpest change came in the year to December 2023, when income rose by 89%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Shawn Thornton Foundation Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 53rd percentile within MA. Charities of a similar size with the same main cause include The Whole Vine Inc ($157k), Fkec Members Charitable Trust Inc ($157k) and John D Mineck Foundation ($157k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 160% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.