Does Declaring a Pointer Allocate Memory in C?

/* 
 * mem_alloc_to_ptr.c -- Program shows memory is allocated to ptr when
 * declared 
 */
#include <stdio.h>
int main(void)
{
    int *ip, *ip1;  /* pointer to integer declared */
    int boys = 100; /* boys an int is initialized to 100 */
    ip = &boys;     /* ip holds the address of boys */
 
    printf("\nAddress of pointer to integer \"ip\" in exp. \"ip = &boys\" "
           "is %p\nand its contents, an address is %p\nand value it points"
           " to is %d\n", &ip, ip, *ip);
 
    printf("\npointer to integer \"ip1\" is declared but not initialized..."
           "\n");
    printf("Its Address in memory %p\nits contents, garbage address %p\n", 
           &ip1, ip1);
    /* contents of ip1 is garbage address */
 
    printf("\n");
    return 0;
}

Address of pointer to integer "ip" in exp. "ip = &boys" is 0x7fffb7807088
and its contents, an address is 0x7fffb780707c
and value it points to is 100
 
pointer to integer "ip1" is declared but not initialized...
Its Address in memory 0x7fffb7807080
its contents, garbage address 0x7fffb7807170