Boys & Girls Club of Washington County

Analysis

Boys & Girls Club of Washington County is a registered charity in United States, based in Hagerstown, MD. It received its IRS tax-exemption ruling in July 1950, 76 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 Washington County reported income of $1.9m and spending of $1.3m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $919k to $1.9m (+102%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 129%. Over the whole period it spent 56% 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 Washington County sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MD. Charities of a similar size with the same main cause include Girls Incorporated of Santa Fe Inc ($1.9m), Boys and Girls Clubs of the Columbia Area ($1.9m) and Vocel Viewing Our Children As Emerging Leaders NFP ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $88k (6.9% of expenses). Other salaries and wages came to $655k. It paid $15k in professional fundraising fees. At year end it held assets of $8.9m against liabilities of $51k, net assets of $8.8m. It reported 60 employees.