United States Amateur Boxing Foundation

Analysis

United States Amateur Boxing Foundation is a registered charity in United States, based in Dover, MA. It received its IRS tax-exemption ruling in August 1985, 41 years ago. 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, United States Amateur Boxing Foundation reported income of $152k and spending of $352k, spending 231% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $216k to $152k (-30%), an average of -8.4% a year. The sharpest change came in the year to December 2020, when income rose by 98%. Over the whole period it spent 96% 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 Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within MA. Charities of a similar size with the same main cause include Little League Baseball Inc ($152k), San Bernardino Area Association for the Retarded ($152k) and Life Recovery Network Inc ($152k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% of the total. It paid $80k in professional fundraising fees. At year end it held assets of $4.8m against liabilities of $5,246, net assets of $4.8m.