Boys & Girls Club of Oyster Bay- East Norwich

Analysis

Boys & Girls Club of Oyster Bay- East Norwich is a registered charity in United States, based in Oyster Bay, NY. It received its IRS tax-exemption ruling in December 1993, 33 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 Oyster Bay- East Norwich reported income of $2.6m and spending of $1.5m, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.6m (+82%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 80% 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 Oyster Bay- East Norwich sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Horizons National Student Enrichment Program Inc ($2.6m), Dorothy Day House a Nonprofit Public Benefit Corporation ($2.6m) and Renaissance Education Foundation ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $100k (6.6% of expenses). Other salaries and wages came to $670k. At year end it held assets of $9.0m against liabilities of $39k, net assets of $9.0m. It reported 56 employees.