Penobscot Boys & Girls Club

Analysis

Penobscot Boys & Girls Club is a registered charity in United States, based in Presque Isle, ME. It received its IRS tax-exemption ruling in July 2007, 19 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 2023, Penobscot Boys & Girls Club reported income of $263k and spending of $436k, spending 166% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $237k to $263k (+11%), an average of +3.5% a year. The sharpest change came in the year to June 2022, when income rose by 187%. Over the whole period it spent 109% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Penobscot Boys & Girls Club sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 53rd percentile within ME. Charities of a similar size with the same main cause include Bikers Against Bullies USA ($263k), Girls on the Run International ($263k) and Steel Magnolias ($263k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $77k (18% of expenses). At year end it held assets of $420k against liabilities of $0, net assets of $420k. It reported 1 employees.