Springfield Boys & Girls Club Inc

Analysis

Springfield Boys & Girls Club Inc is a registered charity in United States, based in Springfield, MA. It received its IRS tax-exemption ruling in February 1943, 83 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 December 2023, Springfield Boys & Girls Club Inc reported income of $2.5m and spending of $1.8m, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.5m (+65%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 78% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Springfield Boys & Girls Club Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within MA. Charities of a similar size with the same main cause include Boys & Girls Club of Kootenai ($2.5m), Texas Hindu Campsite Inc ($2.5m) and Boys and Girls Club of Joplin Missouri ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 21% of the total. Other salaries and wages came to $841k. At year end it held assets of $9.3m against liabilities of $179k, net assets of $9.1m. It reported 41 employees.