Bourne Athletic Association Inc

Analysis

Bourne Athletic Association Inc is a registered charity in United States, based in Taunton, MA. It received its IRS tax-exemption ruling in February 1991, 35 years ago. 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, Bourne Athletic Association Inc reported income of $164k and spending of $233k, spending 143% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $275k to $164k (-41%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bourne Athletic Association Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 54th percentile within MA. Charities of a similar size with the same main cause include Lake Harriett Commun School PTA ($164k), Iowa Municipal Finance Officers Association ($164k) and Wounded Warrior Ohana ($164k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 20% of the total. Other salaries and wages came to $30k. At year end it held assets of $94k against liabilities of $0, net assets of $94k. It reported 5 employees.