Neighborhood Boys & Girls Club

Analysis

Neighborhood Boys & Girls Club is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 1939, 87 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, Neighborhood Boys & Girls Club reported income of $2.0m and spending of $2.1m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.0m (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Neighborhood Boys & Girls Club 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 85th percentile within IL. Charities of a similar size with the same main cause include YWCA Boulder County ($2.0m), Barbour County Senior Center Inc ($2.0m) and Bucks County Rescue Squad ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $221k (11% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $1.6m against liabilities of $400k, net assets of $1.2m. It reported 72 employees.