Boardwalk Estates Inc

Analysis

Boardwalk Estates Inc is a registered charity in United States, based in Garden City, KS. It received its IRS tax-exemption ruling in April 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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, Boardwalk Estates Inc reported income of $70k and spending of $99k, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $48k to $70k (+48%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 120% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boardwalk Estates Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within KS. Charities of a similar size with the same main cause include Cedar Lake Fellowship Inc ($70k), Dir Biyabir ($70k) and Meals on Wheels of Mason City Inc ($70k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $222k against liabilities of $41k, net assets of $181k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.