Girls Incorporated of the Greater Capital Region

Analysis

Girls Incorporated of the Greater Capital Region is a registered charity in United States, based in Schenectady, NY. It received its IRS tax-exemption ruling in April 1958, 68 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, Girls Incorporated of the Greater Capital Region reported income of $1.2m and spending of $1.3m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.2m (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 111% 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 of the Greater Capital Region sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Digital Vibez Inc ($1.2m), Big Brothers Big Sisters Northwest ($1.2m) and Boys & Girls Club of Bulloch County ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $116k (8.6% of expenses). Other salaries and wages came to $461k. At year end it held assets of $3.3m against liabilities of $248k, net assets of $3.1m. It reported 37 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.