Girls Incorporated
Analysis
Girls Incorporated is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1948, 78 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 March 2024, Girls Incorporated reported income of $18.7m and spending of $17.3m, spending 92% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $13.8m to $18.7m (+36%), an average of +7.9% a year. The sharpest change came in the year to March 2022, when income rose by 64%. Over the whole period it spent 81% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Girls Incorporated sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Boys and Girls Clubs of Northeast Florida Inc ($18.7m), Boy Scouts of America ($18.8m) and Boys & Girls Clubs of Garden Grove Inc ($18.7m).
On its Form 990 for the period ending March 2024, revenue came from contributions and grants 84% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $1.9m (11% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $69.4m against liabilities of $5.3m, net assets of $64.1m. It reported 64 employees.
Income and spending
Where the income comes from
- Contributions & grants 84%
- Program services 3.7%
- Other 13%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Boys and Girls Clubs of Northeast Florida Inc | Jacksonville | $18.7m |
| Boy Scouts of America | Dallas | $18.8m |
| Boys & Girls Clubs of Garden Grove Inc | Garden Grove | $18.7m |
| Boys & Girls Clubs of Greater Detroit | Detroit | $19.1m |