James and Grace Lee Boggs School

Analysis

James and Grace Lee Boggs School is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, James and Grace Lee Boggs School reported income of $2.2m and spending of $2.2m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.6m to $2.2m (+37%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, James and Grace Lee Boggs School sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within MI. Charities of a similar size with the same main cause include Nemaha County Training Center Inc ($2.2m), American Muslim Social Services Inc ($2.2m) and New Hampshire Masonicare ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $87k (4.0% of expenses). Other salaries and wages came to $939k. At year end it held assets of $607k against liabilities of $197k, net assets of $410k. It reported 30 employees.