Ludlow Boys & Girls Club Inc

Analysis

Ludlow Boys & Girls Club Inc is a registered charity in United States, based in Ludlow, MA. It received its IRS tax-exemption ruling in September 1952, 74 years ago. 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, Ludlow Boys & Girls Club Inc reported income of $2.2m and spending of $1.9m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.2m (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ludlow Boys & Girls Club Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within MA. Charities of a similar size with the same main cause include Aqsa School ($2.2m), San Francisco United Soccer Club ($2.2m) and Community Advocates for Family & Youth ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $116k (6.2% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.2m against liabilities of $90k, net assets of $2.1m. It reported 43 employees.