Bold Ventures

Analysis

Bold Ventures is a registered charity in United States, based in Bend, OR. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Bold Ventures reported income of $220k and spending of $190k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $317k to $220k (-31%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bold Ventures sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within OR. Charities of a similar size with the same main cause include Destinys Calling Ministries ($220k), Kansas Family Foundation ($220k) and Annunciation Greek Orthodox Churchfoundation Inc ($220k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $36k. At year end it held assets of $60k against liabilities of $3,627, net assets of $57k. It reported 1 employees.