Boundless Impact

Analysis

Boundless Impact is a registered charity in United States, based in Burlington, NC. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Boundless Impact reported income of $173k and spending of $165k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $200k to $173k (-14%), an average of -14% a year. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Boundless Impact sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NC. Charities of a similar size with the same main cause include Boise Sunrise Foundation ($173k), Catholic Education for Youth Foundation Inc ($173k) and Dough for Joe ($172k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 23% of the total. At year end it held assets of $192k against liabilities of $138k, net assets of $55k.