Boley Centers Inc

Analysis

Boley Centers Inc is a registered charity in United States, based in Pinellas Park, FL. It received its IRS tax-exemption ruling in August 1971, 55 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Boley Centers Inc reported income of $23.3m and spending of $23.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $18.5m to $23.3m (+26%), an average of +5.9% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Boley Centers Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Affinity Health Center ($23.3m), Eastern Maine Healthcare Systems ($23.4m) and Congreso de Latinos Unidos Inc ($23.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $253k (1.1% of expenses). Other salaries and wages came to $9.0m. At year end it held assets of $20.0m against liabilities of $10.9m, net assets of $9.1m. It reported 255 employees.