Boys & Girls Club of Kingston Inc

Analysis

Boys & Girls Club of Kingston Inc is a registered charity in United States, based in Kingston, NY. It received its IRS tax-exemption ruling in November 1967, 59 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Boys & Girls Club of Kingston Inc reported income of $1.5m and spending of $1.2m, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $955k to $1.5m (+55%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 56%. Over the whole period it spent 68% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boys & Girls Club of Kingston Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Climb Community Development Corporation ($1.5m), Empowering Youth & Families Outreach ($1.5m) and Sims-Fayola Foundation Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 7.7% of the total. Compensation of current officers, directors and key employees was $100k (8.5% of expenses). Other salaries and wages came to $526k. At year end it held assets of $3.8m against liabilities of $34k, net assets of $3.7m. It reported 34 employees.