Salesian Boys & Girls Club Inc

Analysis

Salesian Boys & Girls Club Inc is a registered charity in United States, based in East Boston, MA. It received its IRS tax-exemption ruling in April 1971, 55 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 2023, Salesian Boys & Girls Club Inc reported income of $1.8m and spending of $1.4m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $985k to $1.8m (+82%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Salesian Boys & Girls Club Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MA. Charities of a similar size with the same main cause include Carpenter Place Inc ($1.8m), Concerned Citizens for a Better Algiers Inc ($1.8m) and French Cultural Center Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $260k (19% of expenses). Other salaries and wages came to $492k. At year end it held assets of $3.6m against liabilities of $711k, net assets of $2.9m. It reported 50 employees.