Boys and Girls Club of New Rochelle Inc

Analysis

Boys and Girls Club of New Rochelle Inc is a registered charity in United States, based in New Rochelle, NY. It received its IRS tax-exemption ruling in June 1963, 63 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 and Girls Club of New Rochelle Inc reported income of $4.1m and spending of $4.1m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $4.1m (+63%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 180%. 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 and Girls Club of New Rochelle Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Banner Lake Club Inc ($4.1m), Tulsa Dream Center Inc ($4.1m) and Mt Ashland Association ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $190k (4.6% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $11.5m against liabilities of $1.2m, net assets of $10.3m. It reported 199 employees.