Keep Punching

Analysis

Keep Punching is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in May 2014, 12 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 December 2023, Keep Punching reported income of $217k and spending of $66k, leaving 70% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $217k (+279%), an average of +279% a year. The sharpest change came in the year to December 2023, when income rose by 279%. Over the whole period it spent 49% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Keep Punching sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within MD. Charities of a similar size with the same main cause include Amateur Athletic Union of the United States Inc ($217k), Kingston Area Soccer League Inc ($217k) and Cincinnati Curling Club Inc ($217k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $194k against liabilities of $0, net assets of $194k.