Boo Williams Summer League Ltd

Analysis

Boo Williams Summer League Ltd is a registered charity in United States, based in Hampton, VA. It received its IRS tax-exemption ruling in July 1989, 37 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 December 2023, Boo Williams Summer League Ltd reported income of $1.8m and spending of $2.0m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.2m to $1.8m (-16%), an average of -4.4% a year. The sharpest change came in the year to December 2020, when income dropped by 36%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boo Williams Summer League Ltd sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within VA. Charities of a similar size with the same main cause include Boy Scouts of America ($1.8m), We Care Program ($1.8m) and Lamar Area Hospice Association ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. Other salaries and wages came to $109k. At year end it held assets of $668k against liabilities of $45k, net assets of $623k. It reported 41 employees.