Boys and Girls Clubs of Metro South Inc

Analysis

Boys and Girls Clubs of Metro South Inc is a registered charity in United States, based in Taunton, MA. It received its IRS tax-exemption ruling in July 1994, 32 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 June 2023, Boys and Girls Clubs of Metro South Inc reported income of $7.9m and spending of $6.4m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $7.9m (+250%), an average of +37% a year. The sharpest change came in the year to June 2020, when income rose by 199%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boys and Girls Clubs of Metro South Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MA. Charities of a similar size with the same main cause include NCSL Foundation for State Legislatures ($7.9m), Bishop Gorman Development Corporation ($7.9m) and Intensive Education Academy Inc ($7.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $575k (9.0% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $11.1m against liabilities of $1.4m, net assets of $9.7m. It reported 229 employees.