Boys and Girls Club of Atlantic City Inc

Analysis

Boys and Girls Club of Atlantic City Inc is a registered charity in United States, based in Atlantic City, NJ. It received its IRS tax-exemption ruling in November 1973, 53 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 and Girls Club of Atlantic City Inc reported income of $3.5m and spending of $4.3m, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $3.5m (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boys and Girls Club of Atlantic City 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 NJ. Charities of a similar size with the same main cause include Girl Scouts of the Chesapeake Bay Council Inc ($3.5m), Girl Scout Commonwealth Council of Virginia Inc ($3.5m) and Ken Garff for Good ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 7.4% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $5.4m against liabilities of $599k, net assets of $4.8m. It reported 171 employees.