Boone County Senior Services Foundation Inc

Analysis

Boone County Senior Services Foundation Inc is a registered charity in United States, based in Lebanon, IN. It received its IRS tax-exemption ruling in August 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Boone County Senior Services Foundation Inc reported income of $168k and spending of $59k, leaving 65% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $75k to $168k (+125%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 39% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Boone County Senior Services Foundation Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within IN. Charities of a similar size with the same main cause include Friends of Vineyard Soccer Inc ($168k), Jeeps on the Run Inc ($168k) and Suvidha International Foundation ($168k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.