Boundless Community Pathways Inc

Analysis

Boundless Community Pathways Inc is a registered charity in United States, based in Worthington, OH. It received its IRS tax-exemption ruling in April 1971, 55 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, Boundless Community Pathways Inc reported income of $70k and spending of $75k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.1m to $70k (-98%), an average of -61% a year. The sharpest change came in the year to December 2023, when income dropped by 98%. Over the whole period it spent 125% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boundless Community Pathways Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 28th percentile within OH. Charities of a similar size with the same main cause include Madison Jefferson Firefighters Association Inc ($70k), The Citycraft Foundation ($70k) and Montgomery County Swim League Inc ($70k).

At year end it held assets of $1.9m against liabilities of $2.6m, net assets of -$626k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.