Boots for Kids

Analysis

Boots for Kids is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Boots for Kids reported income of $61k and spending of $43k, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $59k to $61k (+3.3%), an average of +0.8% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Boots for Kids sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within MI. Charities of a similar size with the same main cause include Safe Ride Home Program Inc ($61k), KR Global Foundation ($61k) and Westminster Police Officers Foundation ($61k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.