Boys Club & Girls Club of Bridgeport Inc

Analysis

Boys Club & Girls Club of Bridgeport Inc is a registered charity in United States, based in Bridgeport, CT. It received its IRS tax-exemption ruling in February 1995, 31 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 June 2024, Boys Club & Girls Club of Bridgeport Inc reported income of $115k and spending of $140k, spending 121% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $222k to $115k (-48%), an average of -12% a year. The sharpest change came in the year to June 2023, when income rose by 136%. Over the whole period it spent 132% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boys Club & Girls Club of Bridgeport Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within CT. Charities of a similar size with the same main cause include Darren Group ($115k), Alliance for Safe Kids Inc ($115k) and Tomorrows Youth Foundation ($115k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $21k (15% of expenses). Other salaries and wages came to $43k. At year end it held assets of $521k against liabilities of $71k, net assets of $450k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.