Boydton Life Station Inc

Analysis

Boydton Life Station Inc is a registered charity in United States, based in Boydton, VA. It received its IRS tax-exemption ruling in December 1989, 37 years ago. 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, Boydton Life Station Inc reported income of $536k and spending of $558k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $389k to $536k (+38%), an average of +8.4% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boydton Life Station Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within VA. Charities of a similar size with the same main cause include Crossroad Christian School Inc ($536k), Charles Simpson Ministries Inc ($536k) and Delta Mu Delta Honor Society ($536k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 39% of the total. Other salaries and wages came to $351k. At year end it held assets of $1.5m against liabilities of $3,729, net assets of $1.5m. It reported 21 employees.