Boulanger Foundation Inc

Analysis

Boulanger Foundation Inc is a registered charity in United States, based in Middlefield, CT. It received its IRS tax-exemption ruling in March 2023, 3 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, Boulanger Foundation Inc reported income of $883k and spending of $307k, leaving 65% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $715k to $883k (+24%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 17% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Boulanger Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within CT. Charities of a similar size with the same main cause include HCFN Title Holding Corporation ($883k), Hart Felt Ministries Inc ($883k) and Great Old Broads for Wilderness ($883k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $1.8m against liabilities of $3,727, net assets of $1.8m.