Shamrock Foundation Inc

Analysis

Shamrock Foundation Inc is a registered charity in United States, based in Montclair, CA. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2022, Shamrock Foundation Inc reported income of $1.7m and spending of $449k, leaving 74% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $350k to $1.7m (+390%), an average of +70% a year. The sharpest change came in the year to December 2022, when income rose by 91%. Over the whole period it spent 25% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Shamrock Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Eureka Rescue Mission ($1.7m), Partnership for Strong Communities Inc ($1.7m) and Salina Rescue Mission Inc ($1.7m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m.