Boys & Girls Club of Ridgefield

Analysis

Boys & Girls Club of Ridgefield is a registered charity in United States, based in Ridgefield, CT. It received its IRS tax-exemption ruling in May 1958, 68 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 December 2023, Boys & Girls Club of Ridgefield reported income of $3.5m and spending of $2.8m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $3.5m (+0.6%), an average of +0.2% a year. The sharpest change came in the year to December 2022, when income rose by 83%. Over the whole period it spent 63% 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 Ridgefield sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within CT. Charities of a similar size with the same main cause include Caldera ($3.5m), BSA Endowment Master TR ($3.5m) and Boy Scouts of America ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 35% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $15.2m against liabilities of $1.6m, net assets of $13.6m. It reported 102 employees.