Burkburnett Blacksox Inc

Analysis

Burkburnett Blacksox Inc is a registered charity in United States, based in Burkburnett, TX. It received its IRS tax-exemption ruling in December 2000, 26 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Burkburnett Blacksox Inc reported income of $295k and spending of $325k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $264k to $295k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2022, when income rose by 49%. Over the whole period it spent 112% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Burkburnett Blacksox Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Youth Entrepreneur Institute ($294k), Ignite Sports Inc ($295k) and Goal Line Ministries Inc ($294k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $100k against liabilities of $341k, net assets of -$241k.

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.