Boys and Girls Club of the Northern Indiana Corridor Inc

Analysis

Boys and Girls Club of the Northern Indiana Corridor Inc is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in September 1974, 52 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 and Girls Club of the Northern Indiana Corridor Inc reported income of $12.7m and spending of $8.3m, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $12.7m (+318%), an average of +43% a year. The sharpest change came in the year to December 2022, when income rose by 100%. Over the whole period it spent 67% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boys and Girls Club of the Northern Indiana Corridor Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IN. Charities of a similar size with the same main cause include Boys & Girls Clubs of Silicon Valley ($12.7m), Boys & Girls Club of St Lucie County Inc ($12.7m) and Childrens Legacy Center ($12.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $195k (2.4% of expenses). Other salaries and wages came to $5.0m. It paid $38k in professional fundraising fees. At year end it held assets of $11.4m against liabilities of $540k, net assets of $10.8m. It reported 529 employees.