Boys & Girls Club of Greater Haverhill Inc

Analysis

Boys & Girls Club of Greater Haverhill Inc is a registered charity in United States, based in Haverhill, MA. It received its IRS tax-exemption ruling in September 1950, 76 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, Boys & Girls Club of Greater Haverhill Inc reported income of $2.0m and spending of $1.7m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.0m (+90%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boys & Girls Club of Greater Haverhill Inc 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 85th percentile within MA. Charities of a similar size with the same main cause include Rocketown of Middle Tennessee ($2.0m), Afterschool Enrichment Program ($2.0m) and Harrison House Community Programs Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $243k (14% of expenses). Other salaries and wages came to $619k. At year end it held assets of $8.0m against liabilities of $250k, net assets of $7.8m. It reported 53 employees.