Boston Athletic Academy Incorporated

Analysis

Boston Athletic Academy Incorporated is a registered charity in United States, based in Hyde Park, MA. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Boston Athletic Academy Incorporated reported income of $756k and spending of $732k, spending 97% of its income. Across the 2 years on record, from December 2019 to December 2023, income grew from $22k to $756k (+3404%), an average of +3404% a year. The sharpest change came in the year to December 2023, when income rose by 3404%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Boston Athletic Academy Incorporated sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MA. Charities of a similar size with the same main cause include Deschutes County Childrens Foundation ($755k), Agape House Inc ($756k) and The Girls Foundation of Tanzania ($755k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $286k (39% of expenses). At year end it held assets of $102k against liabilities of $19k, net assets of $84k.