Bulfinch Group Charitable Foundation Inc

Analysis

Bulfinch Group Charitable Foundation Inc is a registered charity in United States, based in Needham, MA. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bulfinch Group Charitable Foundation Inc reported income of $78k and spending of $52k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $78k (+2.7%), an average of +2.7% a year. Over the whole period it spent 65% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bulfinch Group Charitable Foundation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 38th percentile within MA. Charities of a similar size with the same main cause include Chaim Meir Camp Fund ($78k), United Seniors Association of Pittsburgh ($78k) and Stafford Township Police Foundation Inc ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $113k against liabilities of $0, net assets of $113k.