Board Development Systems

Analysis

Board Development Systems is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Board Development Systems reported income of $257k and spending of $269k, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $189k to $257k (+36%), an average of +7.9% a year. The sharpest change came in the year to June 2021, when income rose by 71%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Board Development Systems sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Hoopeston Multi Agency Service Center Inc ($257k), Little League Baseball Inc ($257k) and Heart Housing Inc ($257k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $79k (30% of expenses). Other salaries and wages came to $31k. At year end it held assets of $65k against liabilities of $67k, net assets of -$2,094. It reported 2 employees.