Boonville Now

Analysis

Boonville Now is a registered charity in United States, based in Boonville, IN. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Boonville Now reported income of $105k and spending of $156k, spending 148% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $111k to $105k (-5.3%), an average of -5.3% a year. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Boonville Now sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within IN. Charities of a similar size with the same main cause include Winston Ireland Corporaton ($105k), Capital District Kiwanis Foundation ($105k) and Mohawk Valley Latino Association ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 16% of the total. At year end it held assets of $173k against liabilities of $10k, net assets of $162k.