Shamrock Foundation Inc

Analysis

Shamrock Foundation Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in December 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Shamrock Foundation Inc reported income of $344k and spending of $309k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $627k to $344k (-45%), an average of -14% a year. The sharpest change came in the year to December 2023, when income rose by 93%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shamrock Foundation Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within KY. Charities of a similar size with the same main cause include District 10 Hospital Preparedness Planning Committee Inc ($344k), Badger Six Inc ($344k) and The Association of Salvadorans of Los Angeles ($344k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 11% of the total. At year end it held assets of $1.1m against liabilities of $284, net assets of $1.1m.