Boost Collaborative

Analysis

Boost Collaborative is a registered charity in United States, based in Pullman, WA. It received its IRS tax-exemption ruling in January 1971, 55 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2023, Boost Collaborative reported income of $1.7m and spending of $1.4m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.7m (+26%), an average of +5.9% a year. The sharpest change came in the year to June 2021, when income rose by 15%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Boost Collaborative sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within WA. Charities of a similar size with the same main cause include Compassion Center of Nwa Inc ($1.7m), Lake Worth West Resident Planning Group Inc ($1.7m) and Venture Capital Foundation ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 25% of the total. Other salaries and wages came to $843k. At year end it held assets of $1.3m against liabilities of $206k, net assets of $1.1m. It reported 54 employees.