Boys Grow Corp

Analysis

Boys Grow Corp is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in February 2014, 12 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 Grow Corp reported income of $644k and spending of $615k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $790k to $644k (-18%), an average of -5.0% a year. The sharpest change came in the year to December 2020, when income dropped by 58%. Over the whole period it spent 75% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boys Grow Corp 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 74th percentile, and in the 72nd percentile within MO. Charities of a similar size with the same main cause include Boys and Girls Club of Wooster Inc ($644k), Serve Management Group Inc ($644k) and Boys & Girls Club of Washington County Inc ($644k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.8% of the total. Compensation of current officers, directors and key employees was $107k (17% of expenses). Other salaries and wages came to $208k. It paid $39k in professional fundraising fees. At year end it held assets of $2.0m against liabilities of $16k, net assets of $2.0m. It reported 72 employees.