Operation Bootstrap Inc

Analysis

Operation Bootstrap Inc is a registered charity in United States, based in Stevens Point, WI. It received its IRS tax-exemption ruling in July 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Operation Bootstrap Inc reported income of $759k and spending of $993k, spending 131% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.2m to $759k (-39%), an average of -15% a year. The sharpest change came in the year to June 2022, when income dropped by 28%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Operation Bootstrap Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within WI. Charities of a similar size with the same main cause include Family Promise of Greater Washington County ($759k), Rockbridge Area Relief Association Incorporated ($759k) and Community Outreach Center Inc ($759k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.6m against liabilities of $6,023, net assets of $1.6m.