Boston Fencing Club Inc

Analysis

Boston Fencing Club Inc is a registered charity in United States, based in Brighton, MA. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 July 2023, Boston Fencing Club Inc reported income of $882k and spending of $974k, spending 110% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $830k to $882k (+6.2%), an average of +1.5% a year. The sharpest change came in the year to July 2020, when income rose by 26%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Boston Fencing Club Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within MA. Charities of a similar size with the same main cause include Great Basin Youth Soccer League of Nevada ($882k), Racine Area Soccer Association Inc ($882k) and Starlights Skating Club ($881k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 1.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $96k (9.8% of expenses). Other salaries and wages came to $235k. At year end it held assets of $522k against liabilities of $482k, net assets of $40k. It reported 11 employees.