Boys & Girls Club of Meriden Inc

Analysis

Boys & Girls Club of Meriden Inc is a registered charity in United States, based in Meriden, CT. It received its IRS tax-exemption ruling in October 1934, 92 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 December 2023, Boys & Girls Club of Meriden Inc reported income of $1.5m and spending of $1.4m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $780k to $1.5m (+87%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 86%. Over the whole period it spent 78% 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 Meriden Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within CT. Charities of a similar size with the same main cause include Boys and Girls Club of Midland Inc ($1.5m), Boy Scouts of America ($1.5m) and Youth Development Center Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 38% of the total. Other salaries and wages came to $772k. At year end it held assets of $6.4m against liabilities of $135k, net assets of $6.3m. It reported 78 employees.