United States Amateur Boxing Inc

Analysis

United States Amateur Boxing Inc is a registered charity in United States, based in Dover, MA. It received its IRS tax-exemption ruling in November 1983, 43 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, United States Amateur Boxing Inc reported income of $240k and spending of $265k, spending 111% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $222k to $240k (+8.1%), an average of +4.0% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United States Amateur Boxing Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Longmont Swim Club Inc ($240k), Napa Valley Little League Inc ($240k) and Community Cupboard of Woodland Park Inc ($240k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.4% and program service revenue 95% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.