Boggs Educational Center Project Team

Analysis

Boggs Educational Center Project Team is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in September 2011, 15 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, Boggs Educational Center Project Team reported income of $327k and spending of $173k, leaving 47% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $173k to $327k (+90%), an average of +24% a year. The sharpest change came in the year to June 2022, when income rose by 61%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Boggs Educational Center Project Team sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MI. Charities of a similar size with the same main cause include Healthsource Foundation ($327k), Ronkonkoma RC Charitable Fund Inc ($327k) and Hoke Domestic Violence & Sexual Assualt Center Inc ($327k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 103% of the total. At year end it held assets of $1.9m against liabilities of $950k, net assets of $998k.