Boys & Girls Club of Metro North Inc

Analysis

Boys & Girls Club of Metro North Inc is a registered charity in United States, based in Stoneham, MA. 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 August 2023, Boys & Girls Club of Metro North Inc reported income of $4.1m and spending of $4.2m, spending 101% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.1m to $4.1m (+97%), an average of +18% a year. The sharpest change came in the year to August 2021, when income rose by 101%. Over the whole period it spent 86% 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 Club of Metro North 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 91st percentile, and in the 90th percentile within MA. Charities of a similar size with the same main cause include The Boys & Girls Clubs of Weber- Davis ($4.1m), Manchester Boys and Girls Club ($4.1m) and Mindful Life Project ($4.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 58% and program service revenue 39% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $5.3m against liabilities of $2.2m, net assets of $3.1m. It reported 159 employees.