Jay County Boys Club Inc

Analysis

Jay County Boys Club Inc is a registered charity in United States, based in Portland, IN. It received its IRS tax-exemption ruling in May 1955, 71 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 May 2024, Jay County Boys Club Inc reported income of $660k and spending of $674k, spending 102% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $523k to $660k (+26%), an average of +5.9% a year. The sharpest change came in the year to May 2021, when income rose by 46%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jay County Boys Club Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within IN. Charities of a similar size with the same main cause include Pope John Paul II Apartments Inc ($660k), Nycxd Inc ($660k) and Pike County Adult Activities Center ($659k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 54% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $116k (17% of expenses). Other salaries and wages came to $118k. At year end it held assets of $3.1m against liabilities of $46k, net assets of $3.1m. It reported 31 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.