Boling District Improvement Association

Analysis

Boling District Improvement Association is a registered charity in United States, based in Boling, TX. It received its IRS tax-exemption ruling in April 1998, 28 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Boling District Improvement Association reported income of $128k and spending of $100k, leaving 21% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $41k to $128k (+210%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 125%. Over the whole period it spent 78% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Boling District Improvement Association sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include Flight Expo Inc ($128k), Downtown Florence Alliance ($128k) and Visalia Economic Development Corporation ($128k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.