Boys and Girls Club of Frederick County Inc

Analysis

Boys and Girls Club of Frederick County Inc is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in April 2009, 17 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 and Girls Club of Frederick County Inc reported income of $661k and spending of $906k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $629k to $661k (+5.1%), an average of +1.3% a year. The sharpest change came in the year to December 2022, when income dropped by 43%. Over the whole period it spent 124% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boys and Girls Club of Frederick County Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MD. Charities of a similar size with the same main cause include Metropolitan Youth Development- Education Foundation Inc ($661k), Film2future Inc ($661k) and Youth for Christ USA Inc ($661k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $99k (11% of expenses). Other salaries and wages came to $400k. At year end it held assets of $736k against liabilities of $384k, net assets of $353k. It reported 38 employees.