Boggs Rural Life Center Inc

Analysis

Boggs Rural Life Center Inc is a registered charity in United States, based in Keysville, GA. It received its IRS tax-exemption ruling in December 1991, 35 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Boggs Rural Life Center Inc reported income of $65k and spending of $97k, spending 148% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $65k to $65k (-0.2%), an average of -0.1% a year. The sharpest change came in the year to December 2021, when income rose by 156%. Over the whole period it spent 177% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Boggs Rural Life Center Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within GA. Charities of a similar size with the same main cause include Polk Training Center Inc ($65k), W C S D O Inc ($65k) and Smart Kinston City Project Foundation ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 65% of the total. At year end it held assets of $2.3m against liabilities of $490k, net assets of $1.9m.

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.