Aberdeen Area Boys and Girls Club

Analysis

Aberdeen Area Boys and Girls Club is a registered charity in United States, based in Aberdeen, SD. It received its IRS tax-exemption ruling in December 1970, 56 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 August 2023, Aberdeen Area Boys and Girls Club reported income of $1.7m and spending of $1.5m, spending 87% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.2m to $1.7m (+43%), an average of +9.3% a year. The sharpest change came in the year to August 2021, when income rose by 28%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aberdeen Area Boys and Girls Club sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within SD. Charities of a similar size with the same main cause include St Lukes Health System Inc ($1.7m), Massillon Museum ($1.7m) and Toledo Rise & Shine Inc ($1.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 66% and program service revenue 17% of the total. Other salaries and wages came to $719k. At year end it held assets of $6.8m against liabilities of $897k, net assets of $5.9m. It reported 84 employees.