Boys and Girls Village Inc

Analysis

Boys and Girls Village Inc is a registered charity in United States, based in Milford, CT. It received its IRS tax-exemption ruling in July 1985, 41 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Boys and Girls Village Inc reported income of $26.2m and spending of $25.2m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $25.8m to $26.2m (+1.7%), an average of +0.4% a year. The sharpest change came in the year to June 2022, when income dropped by 25%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Boys and Girls Village Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within CT. Charities of a similar size with the same main cause include El Centro de LA Raza ($26.2m), Young Men & Womens Hebrew Assn & Irene Kaufmann Centers ($26.2m) and Via Mobility Services ($26.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $1.2m (4.9% of expenses). Other salaries and wages came to $13.9m. At year end it held assets of $45.0m against liabilities of $5.9m, net assets of $39.1m. It reported 414 employees.