Boys & Girls Clubs of Elkhart County Inc

Analysis

Boys & Girls Clubs of Elkhart County Inc is a registered charity in United States, based in Goshen, IN. It received its IRS tax-exemption ruling in April 1970, 56 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 Elkhart County Inc reported income of $7.3m and spending of $8.0m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $9.7m to $7.3m (-25%), an average of -7.0% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 81% 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 Elkhart County Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IN. Charities of a similar size with the same main cause include Boys and Girls Clubs of Hartford Inc ($7.3m), Girl Scouts of the Northwestern Great Lakes Inc ($7.3m) and Florida Achievement Support Trust ($7.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $551k (6.9% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $31.1m against liabilities of $703k, net assets of $30.4m. It reported 234 employees.