Boys and Girls Club of Union Inc

Analysis

Boys and Girls Club of Union Inc is a registered charity in United States, based in Union, NJ. It received its IRS tax-exemption ruling in June 1963, 63 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 (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 and Girls Club of Union Inc reported income of $3.8m and spending of $3.3m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $3.8m (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boys and Girls Club of Union Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within NJ. Charities of a similar size with the same main cause include Girl Scouts of Gulfcoast Florida Inc ($3.8m), Kids Included Together San Diego Inc ($3.8m) and Services of Hope Entities Inc ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $320k (9.8% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $3.3m against liabilities of $1.2m, net assets of $2.1m. It reported 113 employees.