Boscobel Community Foundation Inc

Analysis

Boscobel Community Foundation Inc is a registered charity in United States, based in Boscobel, WI. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 July 2023, Boscobel Community Foundation Inc reported income of $83k and spending of $58k, leaving 31% of income unspent that year. Across the 2 years on record, from July 2022 to July 2023, income grew from $74k to $83k (+12%), an average of +12% a year. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Boscobel Community Foundation Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within WI. Charities of a similar size with the same main cause include Morgan Baptist Project Care Inc ($83k), Back to School Roundup ($83k) and St Clair Shores Firefighters Fund ($83k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 26% and program service revenue 13% of the total. At year end it held assets of $236k against liabilities of $0, net assets of $236k.