Bosma Visionary Opportunities Foundation Inc

Analysis

Bosma Visionary Opportunities Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bosma Visionary Opportunities Foundation Inc reported income of $1.6m and spending of $843k, leaving 47% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.6m (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2021, when income rose by 167%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bosma Visionary Opportunities Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within IN. Charities of a similar size with the same main cause include Casa of South Central Nebraska ($1.6m), Richmond Friends of the Homeless Ltd ($1.6m) and Lilburn Cooperative Ministry Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $13.5m against liabilities of $85k, net assets of $13.4m.