Boys & Girls Club of Valdosta Inc

Analysis

Boys & Girls Club of Valdosta Inc is a registered charity in United States, based in Valdosta, GA. It received its IRS tax-exemption ruling in April 1960, 66 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Boys & Girls Club of Valdosta Inc reported income of $3.4m and spending of $3.8m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.1m to $3.4m (-34%), an average of -9.8% a year. The sharpest change came in the year to December 2020, when income dropped by 59%. Over the whole period it spent 84% 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 Valdosta Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within GA. Charities of a similar size with the same main cause include Ilitch Charities Inc ($3.4m), Recoded Co ($3.4m) and Cafe Momentum ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 7.4% of the total. Compensation of current officers, directors and key employees was $419k (11% of expenses). Other salaries and wages came to $970k. At year end it held assets of $5.1m against liabilities of $446k, net assets of $4.6m. It reported 145 employees.