Boys & Girls Club of Manhattan Inc

Analysis

Boys & Girls Club of Manhattan Inc is a registered charity in United States, based in Manhattan, KS. It received its IRS tax-exemption ruling in March 1974, 52 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 December 2023, Boys & Girls Club of Manhattan Inc reported income of $3.3m and spending of $3.4m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $3.3m (+70%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boys & Girls Club of Manhattan Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within KS. Charities of a similar size with the same main cause include Childrens Center for the Visually Impaired ($3.3m), Evergreen School Incorporated ($3.3m) and Baton Rouge Soccer Association ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 9.7% of the total. Compensation of current officers, directors and key employees was $189k (5.5% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $3.4m against liabilities of $270k, net assets of $3.2m. It reported 287 employees.