Boys & Girls Club of Boone County Inc

Analysis

Boys & Girls Club of Boone County Inc is a registered charity in United States, based in Zionsville, IN. It received its IRS tax-exemption ruling in January 1990, 36 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 Club of Boone County Inc reported income of $2.0m and spending of $2.1m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.0m (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boys & Girls Club of Boone County Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within IN. Charities of a similar size with the same main cause include Way Back ($2.0m), Central Virginia Housing Coalition Inc ($2.0m) and Wisconsin Right to Life Education Fund ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $129k (6.2% of expenses). Other salaries and wages came to $827k. At year end it held assets of $2.6m against liabilities of $373k, net assets of $2.2m. It reported 114 employees.