Boys and Girls Club of Greater Salem Inc

Analysis

Boys and Girls Club of Greater Salem Inc is a registered charity in United States, based in Salem, NH. It received its IRS tax-exemption ruling in September 1967, 59 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 and Girls Club of Greater Salem Inc reported income of $2.6m and spending of $2.6m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.8m to $2.6m (+49%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 90% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boys and Girls Club of Greater Salem Inc 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 89th percentile within NH. Charities of a similar size with the same main cause include Executive Council Charities ($2.6m), Boys and Girls Club of Durant ($2.7m) and Youth 71five Ministries ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 43% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $4.8m against liabilities of $1.5m, net assets of $3.4m. It reported 97 employees.