Boys & Girls Club of Corvallis

Analysis

Boys & Girls Club of Corvallis is a registered charity in United States, based in Corvallis, OR. It received its IRS tax-exemption ruling in June 1975, 51 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 June 2024, Boys & Girls Club of Corvallis reported income of $4.4m and spending of $3.3m, leaving 27% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.9m to $4.4m (+14%), an average of +2.7% a year. The sharpest change came in the year to June 2021, when income rose by 47%. Over the whole period it spent 64% 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 Corvallis 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 92nd percentile within OR. Charities of a similar size with the same main cause include Boys and Girls Clubs of Newark Inc ($4.4m), Lawrence Boys Club & Girls Club Inc ($4.4m) and Teammates Mentoring Program ($4.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 59% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $335k (10% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $27.5m against liabilities of $395k, net assets of $27.1m. It reported 183 employees.