Boys and Girls Club of the Lower Merrimack Valley Inc

Analysis

Boys and Girls Club of the Lower Merrimack Valley Inc is a registered charity in United States, based in Salisbury, MA. It received its IRS tax-exemption ruling in March 2000, 26 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 August 2023, Boys and Girls Club of the Lower Merrimack Valley Inc reported income of $833k and spending of $781k, spending 94% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $696k to $833k (+20%), an average of +4.6% a year. The sharpest change came in the year to August 2022, when income rose by 81%. Over the whole period it spent 68% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boys and Girls Club of the Lower Merrimack Valley 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 77th percentile, and in the 77th percentile within MA. Charities of a similar size with the same main cause include Alive Center NFP ($833k), Arkansas State Council on Economic Education ($834k) and National Child Care Institute of Charlotte ($832k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 72% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $103k (13% of expenses). Other salaries and wages came to $275k. At year end it held assets of $2.0m against liabilities of $25k, net assets of $2.0m. It reported 24 employees.