Ed Walsh Foundation

Analysis

Ed Walsh Foundation is a registered charity in United States, based in West Roxbury, MA. It received its IRS tax-exemption ruling in March 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ed Walsh Foundation reported income of $125k and spending of $86k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $197k to $125k (-36%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 48%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ed Walsh Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 48th percentile within MA. Charities of a similar size with the same main cause include Autograph Basketballs for Community Service Inc ($125k), Bonny Lea Charitable Foundation ($125k) and Caring Foundation Incorporated ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $152k against liabilities of $0, net assets of $152k.