Girls Incorporated of Lynn

Analysis

Girls Incorporated of Lynn is a registered charity in United States, based in Lynn, MA. It received its IRS tax-exemption ruling in April 1953, 73 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 2024, Girls Incorporated of Lynn reported income of $4.3m and spending of $4.3m, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.7m to $4.3m (+62%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 25%. 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, Girls Incorporated of Lynn sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MA. Charities of a similar size with the same main cause include Teen Challenge de Puerto Rico Inc ($4.3m), Boys and Girls Club of Massillon ($4.3m) and Boys & Girls Clubs of the Permian Basin Inc ($4.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $144k (3.4% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $5.8m against liabilities of $294k, net assets of $5.5m. It reported 101 employees.