Gene Lewis Boxing Club

Analysis

Gene Lewis Boxing Club is a registered charity in United States, based in Mesa, AZ. It received its IRS tax-exemption ruling in December 1982, 44 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, Gene Lewis Boxing Club reported income of $196k and spending of $186k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $196k (+104%), an average of +104% a year. The sharpest change came in the year to December 2023, when income rose by 104%. Over the whole period it spent 138% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gene Lewis Boxing Club sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within AZ. Charities of a similar size with the same main cause include Little League Baseball Inc ($196k), Real Life Ministries ($196k) and St Matthews Foundation ($196k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. At year end it held assets of $31k against liabilities of $144k, net assets of -$113k.