Boys & Girls Clubs of Indianapolis Inc

Analysis

Boys & Girls Clubs of Indianapolis Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in December 1937, 89 years ago. 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 Indianapolis Inc reported income of $5.2m and spending of $6.1m, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $11.5m to $5.2m (-55%), an average of -18% a year. The sharpest change came in the year to December 2020, when income dropped by 65%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boys & Girls Clubs of Indianapolis Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within IN. Charities of a similar size with the same main cause include Delta Dental Fund ($5.2m), Institute of Industrial and Systems Engineers Inc ($5.2m) and Gregory House Programs ($5.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $306k (5.0% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $17.1m against liabilities of $845k, net assets of $16.3m. It reported 412 employees.