Boston Buddies Inc

Analysis

Boston Buddies Inc is a registered charity in United States, based in Huntingtn BCH, CA. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Boston Buddies Inc reported income of $67k and spending of $154k, spending 229% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $214k to $67k (-69%), an average of -25% a year. The sharpest change came in the year to December 2021, when income rose by 124%. Over the whole period it spent 72% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Boston Buddies Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 29th percentile within CA. Charities of a similar size with the same main cause include Match Made in Heaven Animal Rescue ($67k), Florida Brittany Rescue Inc ($67k) and Aspire Appalachia Inc ($67k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.5% of the total. At year end it held assets of $485k against liabilities of $0, net assets of $485k.