Boys & Girls Club of Montgomery County

Analysis

Boys & Girls Club of Montgomery County is a registered charity in United States, based in Crawfordsvlle, IN. It received its IRS tax-exemption ruling in February 1965, 61 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 Montgomery County reported income of $823k and spending of $848k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $697k to $823k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 102% 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 Montgomery County sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within IN. Charities of a similar size with the same main cause include Gallatin Foundation Incorporated ($822k), Booth Manor Inc ($823k) and St Petersburg Historical Society ($822k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 30% of the total. Other salaries and wages came to $410k. At year end it held assets of $1.5m against liabilities of $221k, net assets of $1.3m. It reported 45 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.