Bromley Outing Club Inc

Analysis

Bromley Outing Club Inc is a registered charity in United States, based in Manchester, VT. It received its IRS tax-exemption ruling in January 2014, 12 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 May 2023, Bromley Outing Club Inc reported income of $544k and spending of $518k, spending 95% of its income. Across the 3 years on record, from May 2020 to May 2023, income grew from $432k to $544k (+26%), an average of +12% a year. The sharpest change came in the year to May 2023, when income rose by 32%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Bromley Outing Club Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within VT. Charities of a similar size with the same main cause include Principles First Inc ($544k), Boys & Girls Club of Decatur ($544k) and Virtue House Ministries Inc ($543k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 12% and program service revenue 81% of the total. Other salaries and wages came to $290k. At year end it held assets of $400k against liabilities of $9,189, net assets of $391k. It reported 27 employees.