Capistrano Boxing Gym

Analysis

Capistrano Boxing Gym is a registered charity in United States, based in San Juan Capo, CA. It received its IRS tax-exemption ruling in April 2019, 7 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, Capistrano Boxing Gym reported income of $492k and spending of $495k, spending 101% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $122k to $492k (+303%), an average of +59% a year. The sharpest change came in the year to December 2021, when income rose by 107%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Capistrano Boxing Gym sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Scholastic Archery Association Corporation ($492k), Parks Foundation of Miami-Dade Inc ($492k) and Southern California Intercollegiate Athletic Conference ($492k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $84k (17% of expenses). At year end it held assets of $45k against liabilities of $42k, net assets of $3,059.