Boldly Me

Analysis

Boldly Me is a registered charity in United States, based in Fremont, CA. It received its IRS tax-exemption ruling in August 2012, 14 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 December 2023, Boldly Me reported income of $58k and spending of $76k, spending 131% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $78k to $58k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Boldly Me sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include Copper Basin Crisis Center ($58k), New Hampshire Council on Problem Gambling Inc ($58k) and The Lawrence and Lamphear Corporation ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 52% of the total. At year end it held assets of $62k against liabilities of $1,282, net assets of $61k.