Boundless Empowerment

Analysis

Boundless Empowerment is a registered charity in United States, based in Mammoth Lakes, CA. It received its IRS tax-exemption ruling in February 2022, 4 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, Boundless Empowerment reported income of $59k and spending of $59k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $83k to $59k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Boundless Empowerment sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include Sapphire Therapeutic Services ($59k), Junction Five-O-Five Foundation ($59k) and Sertoma Inc ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,502 against liabilities of $0, net assets of $1,502.