Boone Center Inc

Analysis

Boone Center Inc is a registered charity in United States, based in St Peters, MO. It received its IRS tax-exemption ruling in September 1966, 60 years ago. 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 June 2024, Boone Center Inc reported income of $20.1m and spending of $19.2m, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $19.2m to $20.1m (+4.3%), an average of +1.1% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boone Center Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MO. Charities of a similar size with the same main cause include Consolidated Credit Solutions Inc ($20.0m), Hopelink Behavioral Health ($20.1m) and H E R O E S Care Inc ($20.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 27% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $472k (2.5% of expenses). Other salaries and wages came to $7.7m. At year end it held assets of $18.7m against liabilities of $5.2m, net assets of $13.5m. It reported 431 employees.