Boost the Boro

Analysis

Boost the Boro is a registered charity in United States, based in Bladenboro, NC. It received its IRS tax-exemption ruling in November 2007, 19 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Boost the Boro reported income of $96k and spending of $92k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $132k to $96k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 66% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Boost the Boro sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within NC. Charities of a similar size with the same main cause include Pathways to Employment Inc ($96k), LGBTQ Focus Foundation Corporation ($96k) and Santa Monica Rotary Club Foundation ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $239k against liabilities of $0, net assets of $239k.