Boomerjacks Charities

Analysis

Boomerjacks Charities is a registered charity in United States, based in Bedford, TX. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Boomerjacks Charities reported income of $152k and spending of $18k, leaving 88% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $152k to $152k (-0.1%), an average of +-0.0% a year. The sharpest change came in the year to December 2023, when income rose by 169%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Boomerjacks Charities sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Northwest Florida Health Council Inc ($152k), Care Net Pregnancy Center of Mason County ($152k) and Cancer Sucks Inc ($152k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $57k against liabilities of $49k, net assets of $7,994.