Boots for Troops

Analysis

Boots for Troops is a registered charity in United States, based in Magnolia, TX. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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 December 2023, Boots for Troops reported income of $854k and spending of $824k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $432k to $854k (+98%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 81%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boots for Troops sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Mt Pleasant Home ($854k), Lynchburg Covenant Fellowship Inc ($854k) and Carolina Regional Volleyball Association ($854k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $80k (9.8% of expenses). Other salaries and wages came to $88k. At year end it held assets of $392k against liabilities of $321k, net assets of $71k. It reported 4 employees.