The Boys & Girls Clubs of the Emerald Coast Foundation Inc

Analysis

The Boys & Girls Clubs of the Emerald Coast Foundation Inc is a registered charity in United States, based in Ft Walton BCH, FL. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a supporting organisation (type iii other) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Boys & Girls Clubs of the Emerald Coast Foundation Inc reported income of $128k and spending of $719k, spending 563% of what it took in. Across the 5 years on record, from December 2018 to December 2023, income fell from $492k to $128k (-74%), an average of -29% a year. The sharpest change came in the year to December 2022, when income dropped by 57%. Over the whole period it spent 344% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, The Boys & Girls Clubs of the Emerald Coast Foundation Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 47th percentile within FL. Charities of a similar size with the same main cause include Aydens Army of Angels ($128k), Bagley PTA 6 14 40 Seattle Council ($128k) and Faith Baptist Church of Coram Youth Awareness Inc ($128k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% of the total. At year end it held assets of $23.8m against liabilities of $1,518, net assets of $23.8m.

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.