Boys & Girls Clubs of Northeast Ohio

Analysis

Boys & Girls Clubs of Northeast Ohio is a registered charity in United States, based in Lorain, OH. It received its IRS tax-exemption ruling in April 1998, 28 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 Northeast Ohio reported income of $14.6m and spending of $18.0m, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.2m to $14.6m (+77%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 66%. Over the whole period it spent 91% 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 Northeast Ohio sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within OH. Charities of a similar size with the same main cause include Boys & Girls Clubs of Greater Tarrant County Inc ($14.4m), Dabena Alliances Inc ($14.6m) and Boys & Girls Clubs of the Midlands ($14.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $779k (4.3% of expenses). Other salaries and wages came to $9.4m. At year end it held assets of $25.5m against liabilities of $6.9m, net assets of $18.6m. It reported 513 employees.