Boots Court Foundation

Analysis

Boots Court Foundation is a registered charity in United States, based in Carthage, MO. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Boots Court Foundation reported income of $160k and spending of $265k, spending 165% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $767k to $160k (-79%), an average of -79% a year. The sharpest change came in the year to December 2023, when income dropped by 79%. Over the whole period it spent 39% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Boots Court Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within MO. Charities of a similar size with the same main cause include Star Club Inc ($160k), Piedmont Regional Orchestra ($160k) and United Way of Lapeer County ($160k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% of the total. Other salaries and wages came to $22k. At year end it held assets of $1.5m against liabilities of $940k, net assets of $563k.