Boys & Girls Clubs of Philadelphia Inc

Analysis

Boys & Girls Clubs of Philadelphia Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in October 1942, 84 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 June 2023, Boys & Girls Clubs of Philadelphia Inc reported income of $10.6m and spending of $10.9m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.4m to $10.6m (+43%), an average of +9.3% a year. The sharpest change came in the year to June 2020, when income rose by 95%. Over the whole period it spent 79% 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 Philadelphia Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Corners Outreach Inc ($10.6m), Girl Scouts of Wisconsin Southeast Inc ($10.6m) and Improve Your Tomorrow ($10.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 7.0% of the total. Compensation of current officers, directors and key employees was $540k (5.0% of expenses). Other salaries and wages came to $5.2m. At year end it held assets of $32.7m against liabilities of $12.2m, net assets of $20.6m. It reported 318 employees.