Boys & Girls Clubs of North Central Illinois Inc

Analysis

Boys & Girls Clubs of North Central Illinois Inc is a registered charity in United States, based in South Elgin, IL. It received its IRS tax-exemption ruling in November 1994, 32 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 August 2023, Boys & Girls Clubs of North Central Illinois Inc reported income of $9.0m and spending of $8.2m, spending 91% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.5m to $9.0m (+485%), an average of +56% a year. The sharpest change came in the year to August 2020, when income rose by 264%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boys & Girls Clubs of North Central Illinois Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IL. Charities of a similar size with the same main cause include Heartwood Lodge Trinity Health ($9.0m), Literary Arts Inc ($9.0m) and Ohio Laborers Training and Apprenticeship Fund ($9.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $196k (2.4% of expenses). Other salaries and wages came to $5.2m. At year end it held assets of $14.2m against liabilities of $2.3m, net assets of $11.9m. It reported 341 employees.