Boule Foundation

Analysis

Boule Foundation is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in May 1981, 45 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Boule Foundation reported income of $3.3m and spending of $2.3m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $3.3m (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2022, when income rose by 56%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Boule Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within GA. Charities of a similar size with the same main cause include Rotary District 5000 Foundation ($3.3m), Intercollegiate Center for Classical Studies ($3.3m) and Watershed Public Charter School Inc ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. Other salaries and wages came to $71k. At year end it held assets of $33.4m against liabilities of $833k, net assets of $32.5m. It reported 1 employees.