Boys and Girls Club of Alpena

Analysis

Boys and Girls Club of Alpena is a registered charity in United States, based in Alpena, MI. It received its IRS tax-exemption ruling in February 1946, 80 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 and Girls Club of Alpena reported income of $1.3m and spending of $684k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $645k to $1.3m (+103%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 167%. Over the whole period it spent 40% 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 Alpena sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within MI. Charities of a similar size with the same main cause include Batavia Council on Aging Inc ($1.3m), Foundation for Advocacy Conservatorship & Trust ($1.3m) and Hostos Community College Auxiliary Enterprises Corporation Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.0% of the total. Other salaries and wages came to $332k. At year end it held assets of $3.9m against liabilities of $219k, net assets of $3.7m. It reported 23 employees.