Boaz Project Inc

Analysis

Boaz Project Inc is a registered charity in United States, based in Greenwood, IN. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Boaz Project Inc reported income of $1.2m and spending of $1.2m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $695k to $1.2m (+73%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 85% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Boaz Project Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within IN. Charities of a similar size with the same main cause include Boyers Pond-Shekinah Ministries ($1.2m), Crisis Action Inc ($1.2m) and Plain Compassion Crisis Response Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $142k (12% of expenses). Other salaries and wages came to $143k. At year end it held assets of $805k against liabilities of $0, net assets of $805k. It reported 8 employees.