Boxford Athletic Association Inc

Analysis

Boxford Athletic Association Inc is a registered charity in United States, based in Boxford, MA. It received its IRS tax-exemption ruling in March 1963, 63 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Boxford Athletic Association Inc reported income of $452k and spending of $434k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $325k to $452k (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2021, when income rose by 103%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boxford Athletic Association Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MA. Charities of a similar size with the same main cause include Living Word Bible Camp ($452k), Katha Dance Theatre ($452k) and Rex Hagen Family Foundation Inc ($452k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $4,671 (1.1% of expenses). Other salaries and wages came to $34k. At year end it held assets of $254k against liabilities of $0, net assets of $254k. It reported 20 employees.