Boys & Girls Club of Greater Westfield

Analysis

Boys & Girls Club of Greater Westfield is a registered charity in United States, based in Westfield, MA. It received its IRS tax-exemption ruling in June 1970, 56 years ago. 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, Boys & Girls Club of Greater Westfield reported income of $4.8m and spending of $4.1m, spending 85% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.0m to $4.8m (+59%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 46%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boys & Girls Club of Greater Westfield 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 92nd percentile, and in the 91st percentile within MA. Charities of a similar size with the same main cause include Listen Love Is Sharing the Exceptional Needs ($4.8m), Cedar Valley Friends of the Family Inc ($4.8m) and Research Development Foundation ($4.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 20% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $142k (3.5% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $10.7m against liabilities of $1.6m, net assets of $9.1m. It reported 99 employees.