United States Amateur Boxing Inc

Analysis

United States Amateur Boxing Inc is a registered charity in United States, based in Laredo, TX. It received its IRS tax-exemption ruling in November 1983, 43 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, United States Amateur Boxing Inc reported income of $73k and spending of $77k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $97k to $73k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United States Amateur Boxing Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include Nazareth Academy Endowment Fund ($73k), Project Kenny ($73k) and Marvin E Jones Education TR ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 43% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.