Boosted Diplomas

Analysis

Boosted Diplomas is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Boosted Diplomas reported income of $96k and spending of $208k, spending 217% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $247k to $96k (-61%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 54%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Boosted Diplomas sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 39th percentile within NV. Charities of a similar size with the same main cause include Leadpink ($96k), College Educational Charitable Foundation ($96k) and Martin Luther King High School Cross Country-Track Booster Club ($96k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $62k (30% of expenses). At year end it held assets of $158k against liabilities of $0, net assets of $158k. It reported 1 employees.