Board Strong Inc

Analysis

Board Strong Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1972, 54 years ago. 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 December 2023, Board Strong Inc reported income of $205k and spending of $215k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $286k to $205k (-28%), an average of -8.0% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Board Strong Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Bellevue Rotary Foundation ($205k), Comptche Volunteers Fire Department ($205k) and Crown Point Panthers Inc ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 44% of the total. At year end it held assets of $62k against liabilities of $46k, net assets of $16k.