Boys & Girls Club of Metro Queens Inc

Analysis

Boys & Girls Club of Metro Queens Inc is a registered charity in United States, based in S Richmond HL, NY. It received its IRS tax-exemption ruling in October 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 June 2023, Boys & Girls Club of Metro Queens Inc reported income of $6.2m and spending of $6.9m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.6m to $6.2m (+72%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 39%. Over the whole period it spent 102% 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 Metro Queens Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Boys & Girls Clubs of Central Wyoming ($6.2m), Zichron Chaim Inc ($6.2m) and Girl Scouts Heart of New Jersey Inc ($6.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $199k (2.9% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $10.0m against liabilities of $2.2m, net assets of $7.8m. It reported 175 employees.