Boost Ministries Foundation

Analysis

Boost Ministries Foundation is a registered charity in United States, based in Beloit, KS. It received its IRS tax-exemption ruling in April 2018, 8 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, Boost Ministries Foundation reported income of $66k and spending of $51k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $53k to $66k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2020, when income rose by 17%. Over the whole period it spent 62% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Boost Ministries Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within KS. Charities of a similar size with the same main cause include Brotherhood Prison Ministries Inc ($66k), Trailmarker Ministries ($66k) and Dominican Sisters of Wanganui ($66k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $230k against liabilities of $0, net assets of $230k.