Bolivar Educational Advancement Foundation

Analysis

Bolivar Educational Advancement Foundation is a registered charity in United States, based in Bolivar, MO. It received its IRS tax-exemption ruling in March 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Bolivar Educational Advancement Foundation reported income of $461k and spending of $153k, leaving 67% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $51k to $461k (+808%), an average of +74% a year. The sharpest change came in the year to December 2020, when income dropped by 213%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bolivar Educational Advancement Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 66th percentile within MO. Charities of a similar size with the same main cause include Acx Booster Club Charleston Area ($461k), The Buggy Bunch Inc ($461k) and Walnut Lake Preschool ($461k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% of the total. At year end it held assets of $3.1m against liabilities of $133, net assets of $3.1m.