Bernice & Philip Frieze Fund Inc

Analysis

Bernice & Philip Frieze Fund Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Bernice & Philip Frieze Fund Inc reported income of $283k and spending of $285k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $220k to $283k (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2020, when income rose by 37%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bernice & Philip Frieze Fund Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within MA. Charities of a similar size with the same main cause include Jacksonville Area Soccer Association Inc ($283k), N W Iowa Youth Soccer Alliance ($283k) and Pacific Northwest Amateur Hockey Association ($283k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $7,000 against liabilities of $7,000, net assets of $0.