Boys & Girls Club of Syracuse

Analysis

Boys & Girls Club of Syracuse is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in May 1938, 88 years ago. 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 December 2023, Boys & Girls Club of Syracuse reported income of $1.1m and spending of $1.4m, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $1.1m (-3.2%), an average of -0.8% a year. The sharpest change came in the year to December 2022, when income rose by 88%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boys & Girls Club of Syracuse sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Lake Agassiz Regional Development Corporation ($1.1m), Policy Academies ($1.1m) and School Administrators of Montana ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $86k (6.3% of expenses). Other salaries and wages came to $565k. At year end it held assets of $1.6m against liabilities of $720k, net assets of $876k. It reported 41 employees.