Bold Schools Inc

Analysis

Bold Schools Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in June 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bold Schools Inc reported income of $1.2m and spending of $451k, leaving 61% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $335k to $1.2m (+244%), an average of +51% a year. The sharpest change came in the year to June 2023, when income rose by 159%. Over the whole period it spent 41% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bold Schools Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Ocs Foundation Inc ($1.2m), Con Mi Madre ($1.2m) and Congo Initiative USA Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.0% of the total. At year end it held assets of $6.8m against liabilities of $5.4m, net assets of $1.3m.