Boonsboro Area Athletic Association

Analysis

Boonsboro Area Athletic Association is a registered charity in United States, based in Boonsboro, MD. It received its IRS tax-exemption ruling in June 2009, 17 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, Boonsboro Area Athletic Association reported income of $167k and spending of $157k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $127k to $167k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Boonsboro Area Athletic Association sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within MD. Charities of a similar size with the same main cause include Grandy Community Center Inc ($167k), Little League Baseball Inc ($167k) and Snohomish Shock ($167k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 82% of the total. At year end it held assets of $158k against liabilities of $0, net assets of $158k.