Boomer Esiason Foundation

Analysis

Boomer Esiason Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1994, 32 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 March 2024, Boomer Esiason Foundation reported income of $5.9m and spending of $5.6m, spending 94% of its income. Across the 6 years on record, from March 2019 to March 2024, income grew from $5.1m to $5.9m (+16%), an average of +3.0% a year. The sharpest change came in the year to March 2023, when income rose by 58%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Boomer Esiason Foundation 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 93rd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Mental Health Association in Santa Barbara County ($5.9m), Siut North America Inc ($5.9m) and Harbor Hall Inc ($5.9m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $437k (7.8% of expenses). Other salaries and wages came to $1.0m. It paid $147k in professional fundraising fees. At year end it held assets of $9.5m against liabilities of $1.7m, net assets of $7.8m. It reported 18 employees.