Boss Inc

Analysis

Boss Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in December 2011, 15 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Boss Inc reported income of $695k and spending of $476k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $305k to $695k (+128%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 32%. Over the whole period it spent 60% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boss 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 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Boys and Girls Club of Nowata Inc ($695k), Ocracoke Youth Center Inc ($695k) and Ilead Experience Inc ($695k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 4.9% of the total. Compensation of current officers, directors and key employees was $61k (13% of expenses). Other salaries and wages came to $146k. At year end it held assets of $891k against liabilities of $0, net assets of $891k. It reported 16 employees.