Friends of Boss Inc

Analysis

Friends of Boss Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Friends of Boss Inc reported income of $97k and spending of $85k, spending 88% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $96k to $97k (+1.0%), an average of +1.0% a year. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Boss Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Jefferson Chamber Foundation ($97k), Mattera Ministries International ($97k) and Rice Avenue Community Library ($97k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $209k against liabilities of $0, net assets of $209k.