Bonnie Boys Club Inc

Analysis

Bonnie Boys Club Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 1991, 35 years ago. 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, Bonnie Boys Club Inc reported income of $283k and spending of $283k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $194k to $283k (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bonnie Boys Club Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Au Co Vietnamese Cultural Center ($283k), Lake Region Basketball Officials Association ($283k) and Parent to Parent of Broward County Inc ($283k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 14% of the total. At year end it held assets of $96k against liabilities of $36k, net assets of $61k.