Box 55 Association

Analysis

Box 55 Association is a registered charity in United States, based in Madison, TN. It received its IRS tax-exemption ruling in September 1999, 27 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Box 55 Association reported income of $101k and spending of $98k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $214k to $101k (-53%), an average of -32% a year. The sharpest change came in the year to December 2022, when income dropped by 64%. Over the whole period it spent 59% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Box 55 Association sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within TN. Charities of a similar size with the same main cause include Copper Creek and Moccasin Volunteer ($100k), San Marcos Professional Firefighters Association ($101k) and Utah Operation Lifesaver Inc ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $246k against liabilities of $0, net assets of $246k.