Boys Club of Mount Kisco Inc

Analysis

Boys Club of Mount Kisco Inc is a registered charity in United States, based in Mount Kisco, NY. It received its IRS tax-exemption ruling in November 1940, 86 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 2023, Boys Club of Mount Kisco Inc reported income of $6.1m and spending of $6.1m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.9m to $6.1m (+4.6%), an average of +1.1% a year. The sharpest change came in the year to June 2022, when income rose by 89%. Over the whole period it spent 86% 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 of Mount Kisco Inc sits at the 97th percentile: it is larger than about 97% 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 Squashbusters Inc ($6.1m), Boys & Girls Clubs of Portland Metropolitan Area ($6.1m) and Boy Scouts of America ($6.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $584k (9.6% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $13.6m against liabilities of $3.4m, net assets of $10.3m. It reported 124 employees.