Boundless Brilliance Inc

Analysis

Boundless Brilliance Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2024, Boundless Brilliance Inc reported income of $56k and spending of $17k, leaving 70% of income unspent that year. Across the 4 years on record, from July 2021 to July 2024, income grew from $51k to $56k (+9.7%), an average of +3.1% a year. The sharpest change came in the year to July 2023, when income rose by 53%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Boundless Brilliance Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within CA. Charities of a similar size with the same main cause include Orchard Lane Parent Faculty Council ($56k), Sterling Heights High School Band Boosters ($56k) and Kci Rotary Educational Foundation ($56k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.