Boger City Optimist Club

Analysis

Boger City Optimist Club is a registered charity in United States, based in Lincolnton, NC. It received its IRS tax-exemption ruling in August 2014, 12 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, Boger City Optimist Club reported income of $170k and spending of $136k, leaving 20% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $136k to $170k (+25%), an average of +12% a year. Over the whole period it spent 73% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Boger City Optimist Club sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NC. Charities of a similar size with the same main cause include USA Wrestling of ND ($170k), NH Youth Leadership Foundation Inc ($170k) and Sail Chicago ($170k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. At year end it held assets of $176k against liabilities of $0, net assets of $176k.