152 Commonwealth Foundation Inc

Analysis

152 Commonwealth Foundation Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, 152 Commonwealth Foundation Inc reported income of $366k and spending of $109k, leaving 70% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $179k to $366k (+105%), an average of +43% a year. The sharpest change came in the year to December 2022, when income rose by 61%. Over the whole period it spent 26% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, 152 Commonwealth Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within MA. Charities of a similar size with the same main cause include Prime Stage ($365k), Detroit Sound Conservancy ($366k) and Lexington History Museum Inc ($365k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $976k against liabilities of $0, net assets of $976k.