Boys & Girls Club of Georgetown

Analysis

Boys & Girls Club of Georgetown is a registered charity in United States, based in Killeen, TX. It received its IRS tax-exemption ruling in December 2008, 18 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 Club of Georgetown reported income of $592k and spending of $640k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $618k to $592k (-4.3%), an average of -1.1% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 87% 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 Club of Georgetown sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Cedar County Fair Association Inc ($591k), Ivys Unique Kids ($592k) and Clearwater for Youth Inc ($591k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 23% of the total. Other salaries and wages came to $326k. At year end it held assets of $1.1m against liabilities of $49k, net assets of $1.1m.