Gamma XI Boule Foundation Inc

Analysis

Gamma XI Boule Foundation Inc is a registered charity in United States, based in Bradenton, FL. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Gamma XI Boule Foundation Inc reported income of $467k and spending of $136k, leaving 71% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $214k to $467k (+119%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 467%. Over the whole period it spent 44% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gamma XI Boule Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Lebanon Education Foundation ($467k), Lincoln Trail College Foundation ($468k) and Richmond Primary School ($467k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $730k against liabilities of $0, net assets of $730k.