Girls Incorporated of Greater Lowell

Analysis

Girls Incorporated of Greater Lowell is a registered charity in United States, based in Lowell, MA. It received its IRS tax-exemption ruling in December 1957, 69 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, Girls Incorporated of Greater Lowell reported income of $1.9m and spending of $998k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.9m (+49%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 63% 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 Greater Lowell sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within MA. Charities of a similar size with the same main cause include Boys & Girls Club of the Mississippi Delta ($1.9m), Boys and Girls Club of Rochester Inc ($1.9m) and Denver Junior Golf ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $121k (12% of expenses). Other salaries and wages came to $383k. At year end it held assets of $5.3m against liabilities of $153k, net assets of $5.2m. It reported 24 employees.