Lansingburgh Boys and Girls Club in

Analysis

Lansingburgh Boys and Girls Club in is a registered charity in United States, based in Troy, NY. It received its IRS tax-exemption ruling in June 1944, 82 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 October 2023, Lansingburgh Boys and Girls Club in reported income of $928k and spending of $651k, leaving 30% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $599k to $928k (+55%), an average of +12% a year. The sharpest change came in the year to October 2023, when income rose by 90%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lansingburgh Boys and Girls Club in sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include The Arkansas Northeastern College Foundation ($928k), Accessability Center for Independent Living Inc ($929k) and Edina Swim Club Inc ($928k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 67% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $78k (12% of expenses). Other salaries and wages came to $307k. At year end it held assets of $1.1m against liabilities of $11k, net assets of $1.0m. It reported 21 employees.