Jim and Juli Boeheim Foundation Inc

Analysis

Jim and Juli Boeheim Foundation Inc is a registered charity in United States, based in Fayetteville, NY. It received its IRS tax-exemption ruling in September 2009, 17 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 December 2023, Jim and Juli Boeheim Foundation Inc reported income of $788k and spending of $1.0m, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $878k to $788k (-10%), an average of -2.7% a year. The sharpest change came in the year to December 2023, when income rose by 157%. Over the whole period it spent 120% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jim and Juli Boeheim Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Family Financial Education Foundation ($788k), Worlds Attic Thrift Shop Inc ($788k) and White County Aging Program Inc ($788k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% of the total. Other salaries and wages came to $39k. At year end it held assets of $2.3m against liabilities of $106k, net assets of $2.2m. It reported 3 employees.