Chris Boes Foundation

Analysis

Chris Boes Foundation is a registered charity in United States, based in West Milford, NJ. It received its IRS tax-exemption ruling in February 2023, 3 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 December 2023, Chris Boes Foundation reported income of $51k and spending of $25k, leaving 51% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $22k to $51k (+129%), an average of +129% a year. The sharpest change came in the year to December 2023, when income rose by 129%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chris Boes Foundation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 27th percentile within NJ. Charities of a similar size with the same main cause include Project Megsss Incorporated ($51k), Kiski Area Education Foundation Inc ($51k) and Rotary Foundation of the Torington Winsted Areas ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $52k against liabilities of $0, net assets of $52k.