Boselli Foundation

Analysis

Boselli Foundation is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in June 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 April 2024, Boselli Foundation reported income of $467k and spending of $371k, leaving 20% of income unspent that year. Across the 5 years on record, from April 2020 to April 2024, income grew from $156k to $467k (+198%), an average of +31% a year. The sharpest change came in the year to April 2024, when income rose by 131%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Boselli Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Silver Spring Volunteer Fire Dept Inc ($467k), John L Brandegee Trust ($467k) and Las Vegas Aces Foundation ($466k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 55% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $118k (32% of expenses). Other salaries and wages came to $47k. At year end it held assets of $96k against liabilities of $520, net assets of $96k. It reported 1 employees.