Boone County Fitness Center Inc

Analysis

Boone County Fitness Center Inc is a registered charity in United States, based in Albion, NE. It received its IRS tax-exemption ruling in October 1984, 42 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 November 2023, Boone County Fitness Center Inc reported income of $283k and spending of $273k, spending 96% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $257k to $283k (+10%), an average of +2.4% a year. The sharpest change came in the year to November 2022, when income rose by 16%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boone County Fitness Center Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within NE. Charities of a similar size with the same main cause include Fairport Baseball Inc ($283k), Murphy Irish Arts Association ($283k) and Pioneers Go East Collective Inc ($283k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 5.5% and program service revenue 86% of the total. Other salaries and wages came to $104k. At year end it held assets of $1.2m against liabilities of $62k, net assets of $1.1m. It reported 7 employees.