The Boone Sports Legacy Board Inc

Analysis

The Boone Sports Legacy Board Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in July 2004, 22 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, The Boone Sports Legacy Board Inc reported income of $307k and spending of $198k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $422k to $307k (-27%), an average of -7.7% a year. The sharpest change came in the year to December 2021, when income rose by 537%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Boone Sports Legacy Board Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Texas Engineering Foundation ($307k), Saint Basil Academy of Classicalstudies ($307k) and Alice C Stelle Middle School Parent Faculty Club ($307k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.