Boon Sports Management

Analysis

Boon Sports Management is a registered charity in United States, based in Cadillac, MI. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2023, Boon Sports Management reported income of $413k and spending of $395k, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $325k to $413k (+27%), an average of +8.3% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boon Sports Management sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MI. Charities of a similar size with the same main cause include We Care of Los Alamitos Inc ($412k), Firm Foundations Romania ($413k) and Manta Ray Parents Association ($412k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. Other salaries and wages came to $132k. At year end it held assets of $217k against liabilities of $2,673, net assets of $214k. It reported 30 employees.