Boys & Girls Clubs of Wayne County Indiana Inc

Analysis

Boys & Girls Clubs of Wayne County Indiana Inc is a registered charity in United States, based in Richmond, IN. It received its IRS tax-exemption ruling in March 1964, 62 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 Wayne County Indiana Inc reported income of $3.6m and spending of $3.3m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $3.6m (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 87% 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 Wayne County Indiana Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within IN. Charities of a similar size with the same main cause include Citizens Budget Commission Inc ($3.6m), Public Communicators Inc ($3.6m) and Clark School for Creative Learning Inc ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $247k (7.4% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $9.9m against liabilities of $788k, net assets of $9.2m. It reported 120 employees.