The Boone Conservancy Inc

Analysis

The Boone Conservancy Inc is a registered charity in United States, based in Burlington, KY. It received its IRS tax-exemption ruling in December 1999, 27 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Boone Conservancy Inc reported income of $104k and spending of $119k, spending 114% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $89k to $104k (+18%), an average of +5.7% a year. Over the whole period it spent 116% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Boone Conservancy Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within KY. Charities of a similar size with the same main cause include Benton County Fair Association Inc ($104k), Ray County Fair Inc ($104k) and Greeley Grays Competitive Baseball ($104k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $77k. At year end it held assets of $2.1m against liabilities of $2,282, net assets of $2.1m. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.