Boys & Girls Clubs of Greater Kalamazoo Inc

Analysis

Boys & Girls Clubs of Greater Kalamazoo Inc is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in November 1962, 64 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 August 2023, Boys & Girls Clubs of Greater Kalamazoo Inc reported income of $3.4m and spending of $2.3m, leaving 33% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.5m to $3.4m (+131%), an average of +23% a year. The sharpest change came in the year to August 2021, when income rose by 300%. Over the whole period it spent 50% 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 Greater Kalamazoo 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 90th percentile, and in the 90th percentile within MI. Charities of a similar size with the same main cause include Recoded Co ($3.4m), Boy Scouts of America ($3.4m) and Boys & Girls Club of Valdosta Inc ($3.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 91% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $241k (11% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $12.0m against liabilities of $186k, net assets of $11.9m. It reported 100 employees.