Los Angeles Boys & Girls Club

Analysis

Los Angeles Boys & Girls Club is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 1973, 53 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 June 2023, Los Angeles Boys & Girls Club reported income of $2.0m and spending of $2.5m, spending 121% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.0m (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Los Angeles Boys & Girls Club sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include The Wayside Inn ($2.0m), S E M Villa Inc ($2.0m) and Aspect Foundation Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 106% of the total. Compensation of current officers, directors and key employees was $94k (3.8% of expenses). Other salaries and wages came to $564k. At year end it held assets of $2.1m against liabilities of $1.9m, net assets of $217k. It reported 16 employees.