Boys & Girls Clubs of Lake Eufaula Inc

Analysis

Boys & Girls Clubs of Lake Eufaula Inc is a registered charity in United States, based in Eufaula, AL. It received its IRS tax-exemption ruling in March 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 & Girls Clubs of Lake Eufaula Inc reported income of $608k and spending of $645k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $361k to $608k (+68%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 97% 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 Lake Eufaula Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 76th percentile within AL. Charities of a similar size with the same main cause include Pack Away Hunger Inc ($607k), Elevate Tutoring Inc ($608k) and Voice of Youth Inc ($607k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $313k (48% of expenses). At year end it held assets of $309k against liabilities of $15k, net assets of $294k. It reported 16 employees.