Marthas Vineyard Boys and Girls Club Incorporated

Analysis

Marthas Vineyard Boys and Girls Club Incorporated is a registered charity in United States, based in Edgartown, MA. It received its IRS tax-exemption ruling in April 1958, 68 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, Marthas Vineyard Boys and Girls Club Incorporated reported income of $2.5m and spending of $1.4m, leaving 43% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $882k to $2.5m (+180%), an average of +29% a year. The sharpest change came in the year to June 2022, when income rose by 201%. Over the whole period it spent 40% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Marthas Vineyard Boys and Girls Club Incorporated 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 Guiding Light Home for Boys ($2.5m), Young Women Empowered ($2.5m) and Harriman Summer Camp S-11 Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 3.7% of the total. Other salaries and wages came to $543k. It paid $80k in professional fundraising fees. At year end it held assets of $10.9m against liabilities of $157k, net assets of $10.8m. It reported 40 employees.