Boulware Mission Inc

Analysis

Boulware Mission Inc is a registered charity in United States, based in Owensboro, KY. It received its IRS tax-exemption ruling in March 1967, 59 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Boulware Mission Inc reported income of $987k and spending of $828k, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $812k to $987k (+21%), an average of +5.0% a year. The sharpest change came in the year to June 2022, when income rose by 78%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Boulware Mission Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within KY. Charities of a similar size with the same main cause include Transgender Advocates for Justice and Accountability Tajas Coalition ($987k), Giggle and Grow ($987k) and Detroit Parent Network ($987k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 8.0% of the total. Other salaries and wages came to $368k. At year end it held assets of $3.7m against liabilities of $587k, net assets of $3.1m. It reported 18 employees.