Celtic Fc Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
CELTIC FC FOUNDATION CONTINUES TO UPHOLD AND PROMOTE THE CHARITABLE PRINCIPLES AND HERITAGE OF CELTIC FOOTBALL CLUB. OUR AIM IS TO HELP THOSE LIVING IN POVERTY THROUGH A RANGE OF INITIATIVES TARGETING HUNGER, EMPLOYABILITY, SOCIAL INCLUSION AND EDUCATION. THE FOUNDATION'S ETHOS IS TYPIFIED BY A DETERMINATION TO CREATE OPPORTUNITIES FOR SOCIETY'S MOST VULNERABLE AND MARGINALISED GROUPS - PRINCIPALLY, WE ADDRESS ROOT CAUSES OF POVERTY BY EQUIPPING INDIVIDUALS WITH THE TOOLS AND MEANS TO REVERSE INEQUALITY. CHARITY IS FUNDAMENTAL TO CELTIC'S IDENTITY, AND AS THE CLUB'S CHARITABLE ARM, WE RECOGNISE THE ENORMOUS IMPORTANCE AND RESPONSIBILITY OF HONOURING THE LEGACY OF OUR FOUNDING FATHER, BROTHER WALFRID. THE FOUNDATION'S WORK ENCOMPASSES A DIVERSE VARIETY OF GROUPS, WITH OUR WORK PROMOTING EMPLOYABILITY, HEALTH AND WELLBEING, DIVERSIONARY ACTIVITIES AND DISABILITY SPORTS INITIATIVES.
- Income
- $594,238
- Spending
- $770,807
- Spent on programs
- 71%
- Reserves
- 11.3 months of spending
- Largest source of income
- donations and private grants, 86%
- Employees
- 0
- Volunteers
- 5
- Highest pay
- $55,063, treasurer
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 61 out of 100. Higher than 31% of charities in its peer group (human services, $250k to $1m).
Reserves
28 of 35Spendable reserves would cover 11.3 months of spending.
Debt
10 of 20It owes 40% of what it owns.
Living within its means
0 of 15Spending exceeded income by 30% of income.
Income trend
15 of 15Income rose 40% on the year before.
Spending floor
8 of 1571% of spending went to programs and raising each dollar of donations cost 36 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 88 out of 100. Higher than 75% of charities in its peer group (human services, $250k to $1m).
Independent board
18 of 253 of 3 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $547,758 spent. PRIMARY ACTIVITIES: ALONGSIDE NEW YORK-BASED CHARITY PARTNERS, CELTIC FC FOUNDATION DELIVER A BESPOKE PROGRAMME OF DIVERSIONARY ACTIVITY FOR DISADVANTAGED YOUTH GROUPS IN NEW YORK CITY AND SUPPORT HOMELESS FEEDING INITIATIVES. CLIENT GROUP: CHILDREN AGED 3-13 YEARS (AND THEIR FAMILIES) LIVING IN POVERTY IN TARGETED HIGH-NEEDS NEW YORK CITY NEIGHBORHOODS. HOMELESS FAMILIES AND ADULTS DELIVERY METHOD: BUILDING ON THE SUCCESS OF SIMILAR ACTIVITIES, WE WOULD BRING CELTIC FC FOUNDATION TO DELIVER ENGAGING ACTIVITIES FOR BOTH CHILDREN AND THEIR FAMILIES. FEEDING PROJECT WILL SERVE MEALS, ALSO PROVIDING SNACKS AND ASSISTANCE TO SCHOOL-AGED CHILDREN AND THEIR FAMILY MEMBERS. DELIVERY IN: NEW YORK AND HARLEM
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2019.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.