Boma Dallas Foundation

Analysis

Boma Dallas Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in June 1993, 33 years ago. 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 February 2024, Boma Dallas Foundation reported income of $263k and spending of $219k, spending 83% of its income. Across the 6 years on record, from February 2019 to February 2024, income grew from $153k to $263k (+71%), an average of +11% a year. The sharpest change came in the year to February 2024, when income rose by 206%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boma Dallas Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Essex County Trail Association Inc ($263k), The Springfield Public Schools Foundation ($263k) and Meher Fund Inc ($263k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 43% and program service revenue 64% of the total. At year end it held assets of $211k against liabilities of $0, net assets of $211k.