Eom Boost Inc

Analysis

Eom Boost Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Eom Boost Inc reported income of $182k and spending of $247k, spending 136% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $74k to $182k (+147%), an average of +57% a year. The sharpest change came in the year to December 2022, when income rose by 289%. Over the whole period it spent 71% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Eom Boost Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Harbor House of Rochester Inc ($182k), Touch the World Ministries Inc ($182k) and Hannahs House Ministries Inc ($182k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.5% and program service revenue 96% of the total. At year end it held assets of $81k against liabilities of $12k, net assets of $69k.