Boys & Girls Clubs of Southern Maine

Analysis

Boys & Girls Clubs of Southern Maine is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in February 1926, 100 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Boys & Girls Clubs of Southern Maine reported income of $2.7m and spending of $4.8m, spending 176% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $2.7m (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2021, when income rose by 67%. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boys & Girls Clubs of Southern Maine sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within ME. Charities of a similar size with the same main cause include Leaders of Tomorrow Youth Center Inc ($2.7m), Bgca Real Estate Support Co ($2.7m) and Liahona Academy for Youth Non Profit Organization ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 10.0% of the total. Compensation of current officers, directors and key employees was $237k (4.9% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $20.8m against liabilities of $794k, net assets of $20.0m. It reported 121 employees.