Boys & Girls Clubs of the Golden Triangle

Analysis

Boys & Girls Clubs of the Golden Triangle is a registered charity in United States, based in Starkville, MS. It received its IRS tax-exemption ruling in August 2010, 16 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 Clubs of the Golden Triangle reported income of $1.2m and spending of $1.3m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $900k to $1.2m (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2022, when income rose by 128%. Over the whole period it spent 77% 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 Clubs of the Golden Triangle sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within MS. Charities of a similar size with the same main cause include Masmudei Talant Group Inc ($1.2m), Brandywine Youth Club Inc ($1.2m) and Backpack Buddies of Metro Atlanta Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $87k (6.6% of expenses). Other salaries and wages came to $522k. At year end it held assets of $1.8m against liabilities of $154k, net assets of $1.7m. It reported 81 employees.