Boys & Girls Club of Pawtucket

Analysis

Boys & Girls Club of Pawtucket is a registered charity in United States, based in Pawtucket, RI. It received its IRS tax-exemption ruling in December 1943, 83 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Boys & Girls Club of Pawtucket reported income of $13.8m and spending of $5.2m, leaving 62% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $3.3m to $13.8m (+311%), an average of +42% a year. The sharpest change came in the year to August 2023, when income rose by 121%. Over the whole period it spent 83% 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 Pawtucket sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within RI. Charities of a similar size with the same main cause include Epic-Cure Inc ($13.7m), Boy Scouts of America ($13.8m) and Boys Club of Greater Kansas City ($13.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 80% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $494k (9.5% of expenses). Other salaries and wages came to $2.1m. It paid $7,778 in professional fundraising fees. At year end it held assets of $23.4m against liabilities of $260k, net assets of $23.1m. It reported 198 employees.