SJC Boxing Club Inc

Analysis

SJC Boxing Club Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in April 1993, 33 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, SJC Boxing Club Inc reported income of $68k and spending of $70k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $82k to $68k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 115% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, SJC Boxing Club Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 30th percentile within FL. Charities of a similar size with the same main cause include Liberty Bell Judo Sambo Academy Inc ($68k), Mira Mesa Girls Softball Assn ($68k) and Falcon Football Youth Association ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 39% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.