Susan Howards Novato Boxing Club

Analysis

Susan Howards Novato Boxing Club is a registered charity in United States, based in Novato, CA. It received its IRS tax-exemption ruling in March 2005, 21 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, Susan Howards Novato Boxing Club reported income of $99k and spending of $111k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $102k to $99k (-2.9%), an average of -0.7% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Susan Howards Novato Boxing Club sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Miami Little Theater ($99k), Lighthouse Fellowship Church ($99k) and Angelina Chamber of Commerce Foundation ($99k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $34k (30% of expenses). At year end it held assets of $183k against liabilities of $23k, net assets of $159k. It reported 1 employees.