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Colorado · Nonprofit

USA BOXING INC

USA BOXING INC (Colorado) receives grants from 7 organizations whose IRS filings report $3,907,769 to it, the largest being UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE ($2,478,459). 4 of them have funded it in more than one year.

Revenue FY2024
$9.7M
Funders on record
7
Grants received
$3.9M
Net assets
$1.8M
4/7 repeat funderspeak grant-dependency 23%
01What it does

What USA Boxing Inc does

Mission

The corporation is the national governing body for amateur boxing and is responsible for the promotion and development of amateur boxing in the united states. The organization's mission statement is to promote and grow olympic-style amateur boxing in the united states and to inspire the tireless pursuit of olympic gold and enable athletes and coaches to achieve sustained competitive excellence. Additionally, usa boxing endeavors to teach all participants the character, confidence and focus they need to become resilient and diverse champions, both in and out of the ring.

As stated on its FY2024 Form 990.

Programs

  1. Development and other programs - the corporation promotes athlete's physical and mental training in order to further their development.

    $3,501,257 spentof which $1,157,592 as grants$349,499 earned by the program
    40% of program spending
  2. Membership - the corporation provides official olympic membership credentials as well as accident and general liability insurance to its members.

    $2,202,841 spent$5,583,009 earned by the program
    25% of program spending
  3. Events - the corporation sanctions amateur boxing events for which athletes train and compete. Junior athletes train for and compete in amateur boxing events.

    $3,084,699 spent$1,060,762 earned by the program
    35% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $8,788,797.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($4.8M) Expenses 100 ($4.7M) Net assets 100 ($1.4M)2018 Revenue 113 ($5.4M) Expenses 135 ($6.4M) Net assets 30 ($435k)2019 Revenue 117 ($5.6M) Expenses 126 ($5.9M) Net assets 16 ($236k)2020 Revenue 96 ($4.6M) Expenses 89 ($4.2M) Net assets 44 ($633k)2021 Revenue 127 ($6.1M) Expenses 119 ($5.6M) Net assets 78 ($1.1M)2022 Revenue 145 ($7.0M) Expenses 136 ($6.4M) Net assets 108 ($1.6M)2023 Revenue 194 ($9.3M) Expenses 175 ($8.2M) Net assets 188 ($2.7M)2024 Revenue 202 ($9.7M) Expenses 226 ($11M) Net assets 123 ($1.8M)
'17'18'19'20'21'22'23'24
Revenue (202)Expenses (226)Net assets (123)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $3.7M to $5.7M (+53%).

$3.8M
$2.6M
$2.7M
$2.8M
$3.4M
$3.7M
$5.7M
$4.9M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 11% · 2024 6%. Grants only. Government contracts and fees sit inside program revenue.

27% of USA BOXING INC’s revenue is contributions — more donation-reliant than the typical peer (13% for the typical peer).

This organization
Typical peer · 2,893 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$88k
’17
−$945k
’18
−$297k
’19
$402k
’20
$498k
’21
$548k
’22
$1.1M
’23
−$968k
’24
3.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Michael Mcatee

Executive director

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1120161619171818
Joined·+9+1+2+3+0+4+0
No longer listed·0520230
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 4 funders, grant income rose $6k → $2.1M.

2 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $1.3M from one payer (the payer shares this organization's board, largest United States Amateur Boxing Foundation). These are real filings, and they are not money USA BOXING INC raised.

From the IRS filings of USA BOXING INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

USA BOXING INC leans on a few funders — its largest provides 63% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund USA BOXING INC.

63%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2018 100% · 2020 100% · 2021 64% · 2022 100% · 2023 67% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

64% of USA BOXING INC's grant income comes from Colorado funders.

ID
NJ
CO
NC
DC

In-state vs out-of-state, by year

’18
’21
’23
Colorado out of state home

Funder states come from each funder’s own filing. $47k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

USA BOXING INC has grown faster than half of the 2,728 recreation & sports nonprofits its size.

Operating margin−10% · bottom quartile
Months of reserve3.4mo · below the median
Revenue growth (annualized)11% · above the median

this organization peer median middle 50% of peers· 2,728 recreation & sports nonprofits $1M–$10M, FY2024

Organizations like USA BOXING INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Colorado

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

82% of spending goes to programs.

Program 82%Management 11%Fundraising 6%

Governance

13
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 1 related entity

  • United States Amateur Boxing Foundation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for USA BOXING INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds USA BOXING INC?
USA BOXING INC (Colorado) receives grants from 7 organizations whose IRS filings report $3,907,769 to it, the largest being UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE ($2,478,459). 4 of them have funded it in more than one year.
How many funders does USA BOXING INC have?
IRS filings report 7 organizations giving $3,907,769 in grants to USA BOXING INC, 4 of which have funded it in more than one year.
Who is the largest funder of USA BOXING INC?
UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE is the largest funder on record, with $2,478,459 in grants. The full list of funders is on this page.
How can an organization like USA BOXING INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Colorado. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing