Boys and Girls Clubs of Boston Inc

Analysis

Boys and Girls Clubs of Boston Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in March 1933, 93 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 Clubs of Boston Inc reported income of $24.0m and spending of $31.5m, spending 131% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $31.4m to $24.0m (-23%), an average of -6.5% a year. The sharpest change came in the year to June 2022, when income rose by 96%. 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 Clubs of Boston Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include Boys and Girls Clubs of Snohomish County ($23.8m), Cityserve Network ($24.7m) and Seeding Success ($23.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $1.3m (4.0% of expenses). Other salaries and wages came to $14.6m. At year end it held assets of $143.5m against liabilities of $6.4m, net assets of $137.0m. It reported 365 employees.