Central City Boxing & Barbell Inc

Analysis

Central City Boxing & Barbell Inc is a registered charity in United States, based in Springfield, MA. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Central City Boxing & Barbell Inc reported income of $288k and spending of $600k, spending 208% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $195k to $288k (+47%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 424%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Central City Boxing & Barbell Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within MA. Charities of a similar size with the same main cause include Kiski Area Instrumental Music Boosters Inc ($288k), Research Support Fund ($288k) and Salem Education Foundation ($288k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.7% of the total. At year end it held assets of $952k against liabilities of $285k, net assets of $667k.