Bost Foundation

Analysis

Bost Foundation is a registered charity in United States, based in Fort Smith, AR. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Bost Foundation reported income of $66k and spending of $11k, leaving 84% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $74k to $66k (-12%), an average of -3.1% a year. The sharpest change came in the year to June 2021, when income rose by 424%. Over the whole period it spent 32% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bost Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within AR. Charities of a similar size with the same main cause include Huntsville Kiwanis Foundation Inc ($66k), Watkins Community Center Inc ($66k) and Dunwoody Village Residents Assn ($66k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 18% of the total. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.