Torresdale Boys Club

Analysis

Torresdale Boys Club is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 1969, 57 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 2022, Torresdale Boys Club reported income of $189k and spending of $151k, leaving 20% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $170k to $189k (+11%), an average of +3.4% a year. The sharpest change came in the year to December 2020, when income dropped by 37%. Over the whole period it spent 87% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Torresdale Boys Club sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within PA. Charities of a similar size with the same main cause include Camp Journey NW ($188k), Pathfinder Farms Inc ($189k) and Mayfair Highschool Band Boosters ($188k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 16% and program service revenue 69% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.