Boys & Girls Clubs of the Blue Ridge Inc
Analysis
Boys & Girls Clubs of the Blue Ridge Inc is a registered charity in United States, based in Martinsville, VA. It received its IRS tax-exemption ruling in October 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 September 2023, Boys & Girls Clubs of the Blue Ridge Inc reported income of $933k and spending of $1.2m, spending 130% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $944k to $933k (-1.1%), an average of -0.3% a year. The sharpest change came in the year to September 2021, when income rose by 82%. Over the whole period it spent 76% 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 Blue Ridge Inc 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 78th percentile, and in the 79th percentile within VA. Charities of a similar size with the same main cause include Hooulu-Lahui ($932k), Boys & Girls Clubs of Champion Valley ($934k) and Youth for Christ USA Inc ($932k).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 67% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $89k (7.3% of expenses). Other salaries and wages came to $505k. At year end it held assets of $1.8m against liabilities of $27k, net assets of $1.7m.
Income and spending
Where the income comes from
- Contributions & grants 67%
- Program services 21%
- Other 13%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hooulu-Lahui | Hilo | $932k |
| Boys & Girls Clubs of Champion Valley | Weimar | $934k |
| Youth for Christ USA Inc | Greeley | $932k |
| Boxing Out Negativity Inc | Chicago | $936k |