Lide White Memorial Boys and Girls Club Inc

Analysis

Lide White Memorial Boys and Girls Club Inc is a registered charity in United States, based in Madison, IN. It received its IRS tax-exemption ruling in January 1957, 69 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, Lide White Memorial Boys and Girls Club Inc reported income of $1.2m and spending of $720k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $472k to $1.2m (+155%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 280%. Over the whole period it spent 90% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Lide White Memorial Boys and Girls Club Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within IN. Charities of a similar size with the same main cause include Dreams Work Inc ($1.2m), Future Farmers of America and Its State Associations & Local Chapter ($1.2m) and Lampasas County Livestock Association Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.7% of the total. Compensation of current officers, directors and key employees was $85k (12% of expenses). Other salaries and wages came to $263k. At year end it held assets of $1.6m against liabilities of $10k, net assets of $1.6m. It reported 31 employees.