Boone RTC Inc

Analysis

Boone RTC Inc is a registered charity in United States, based in Boone, NC. It received its IRS tax-exemption ruling in March 2022, 4 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 (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, Boone RTC Inc reported income of $50k and spending of $52k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $58k to $50k (-13%), an average of -13% a year. Over the whole period it spent 78% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Boone RTC Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within NC. Charities of a similar size with the same main cause include Temecula Baseball Diamond Club ($50k), Tucson Rebels Fastpitch ($50k) and Edison Youth Sports ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.