East Oakland Boxing Association

Analysis

East Oakland Boxing Association is a registered charity in United States, based in Oakland, CA. 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 June 2023, East Oakland Boxing Association reported income of $692k and spending of $869k, spending 126% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $339k to $692k (+104%), an average of +20% a year. The sharpest change came in the year to June 2020, when income rose by 176%. Over the whole period it spent 126% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, East Oakland Boxing Association sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Arbor Place ($692k), Camp Howe Inc ($692k) and Sinsinawa Housing Inc ($692k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $120k (14% of expenses). Other salaries and wages came to $175k. At year end it held assets of $673k against liabilities of $1, net assets of $673k. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.