Boys & Girls Clubs of Chicago Inc

Analysis

Boys & Girls Clubs of Chicago Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 1923, 103 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 June 2023, Boys & Girls Clubs of Chicago Inc reported income of $16.5m and spending of $19.0m, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.7m to $16.5m (+21%), an average of +4.8% a year. The sharpest change came in the year to June 2022, when income rose by 82%. Over the whole period it spent 78% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boys & Girls Clubs of Chicago 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 97th percentile, and in the 96th percentile within IL. Charities of a similar size with the same main cause include Momentous Institute ($16.5m), Girl Scouts of Minnesota and Wisconsin River Valleys Inc ($16.6m) and Girl Scouts of North East Ohio ($16.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $887k (4.7% of expenses). Other salaries and wages came to $10.6m. At year end it held assets of $65.2m against liabilities of $21.8m, net assets of $43.4m. It reported 557 employees.