Boxes of Love Project Inc

Analysis

Boxes of Love Project Inc is a registered charity in United States, based in Troutdale, OR. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Boxes of Love Project Inc reported income of $155k and spending of $158k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $115k to $155k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Boxes of Love Project Inc sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within OR. Charities of a similar size with the same main cause include Kids Choice Inc ($155k), American Iris Society ($155k) and Island Encounters ($155k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.