Boys and Girls Club of Rockford

Analysis

Boys and Girls Club of Rockford is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in December 1944, 82 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 June 2023, Boys and Girls Club of Rockford reported income of $4.1m and spending of $4.2m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $4.1m (+76%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 73%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boys and Girls Club of Rockford sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within IL. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($4.1m), Grandview Foundation Inc ($4.1m) and Pioneer Technology and Arts Academy of Colorado ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $139k (3.3% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $2.9m against liabilities of $374k, net assets of $2.6m. It reported 194 employees.