Bourne Community Boating Inc

Analysis

Bourne Community Boating Inc is a registered charity in United States, based in Bourne, MA. It received its IRS tax-exemption ruling in October 2007, 19 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 (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 Community Boating Inc reported income of $102k and spending of $122k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $170k to $102k (-40%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 45%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bourne Community Boating Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 44th percentile within MA. Charities of a similar size with the same main cause include Blue Devils Youth Football Inc ($102k), North Clackamas Volleyball Club ($102k) and Cowtown Field Hockey Club Inc ($102k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 41% of the total. Other salaries and wages came to $78k. At year end it held assets of $283k against liabilities of $17k, net assets of $266k.