Boys & Girls Club Family Center Inc

Analysis

Boys & Girls Club Family Center Inc is a registered charity in United States, based in Springfield, MA. It received its IRS tax-exemption ruling in August 1935, 91 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Boys & Girls Club Family Center Inc reported income of $2.0m and spending of $2.5m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.0m (+17%), an average of +4.0% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Boys & Girls Club Family Center Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MA. Charities of a similar size with the same main cause include Community Child Development Center of the Little Angels ($2.0m), District of Evansville of the Society of St Vincent de Paul Inc ($2.0m) and NCBC Human Services Corporation Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $109k (4.4% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $5.6m against liabilities of $464k, net assets of $5.2m. It reported 80 employees.