Wakeman Boys and Girls Club Corporation

Analysis

Wakeman Boys and Girls Club Corporation is a registered charity in United States, based in Bridgeport, CT. It received its IRS tax-exemption ruling in March 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wakeman Boys and Girls Club Corporation reported income of $9.3m and spending of $420k, leaving 96% of income unspent that year. The sharpest change came in the year to December 2023, when income rose by 281%. Over the whole period it spent 5.0% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Wakeman Boys and Girls Club Corporation sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within CT. Charities of a similar size with the same main cause include Champions Off the Field ($9.2m), Be a Champion Inc ($9.4m) and Girl Scout Council of Greater New York Inc ($9.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $24.0m against liabilities of $12.8m, net assets of $11.2m.