I Am Boundless Inc

Analysis

I Am Boundless Inc is a registered charity in United States, based in Worthington, OH. It received its IRS tax-exemption ruling in August 2013, 13 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, I Am Boundless Inc reported income of $100.4m and spending of $101.9m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $48.7m to $100.4m (+106%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 31%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, I Am Boundless Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include Mount Sinai Health System Executive V P for Finance ($100.3m), Greenspring Village Inc ($100.7m) and Pine Street Inn Inc ($100.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.8% and program service revenue 97% of the total. Other salaries and wages came to $64.7m. At year end it held assets of $18.8m against liabilities of $6.0m, net assets of $12.9m. It reported 2,930 employees.