Boys & Girls Clubs of Lower Bergen County Inc

Analysis

Boys & Girls Clubs of Lower Bergen County Inc is a registered charity in United States, based in Lodi, NJ. It received its IRS tax-exemption ruling in March 1965, 61 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 Clubs of Lower Bergen County Inc reported income of $4.6m and spending of $4.7m, spending 101% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $2.5m to $4.6m (+82%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 92% 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 Clubs of Lower Bergen County Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include Girl Scouts of Central Maryland Inc ($4.6m), Boys & Girls Clubs of North Central Georgia Inc ($4.6m) and My Project USA ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 34% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $3.9m against liabilities of $2.2m, net assets of $1.7m. It reported 199 employees.