Boys and Girls Club of Bay County Inc

Analysis

Boys and Girls Club of Bay County Inc is a registered charity in United States, based in Bay City, MI. It received its IRS tax-exemption ruling in January 1960, 66 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) 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 Bay County Inc reported income of $1.8m and spending of $1.7m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.8m (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2021, when income rose by 64%. 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 Bay County Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within MI. Charities of a similar size with the same main cause include Christopher Coffland Memorial Fund Inc ($1.8m), Psi Chi the International Honor Society in Psychology ($1.8m) and Big Brothers Big Sisters of Central California ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $117k (7.0% of expenses). Other salaries and wages came to $841k. At year end it held assets of $2.4m against liabilities of $313k, net assets of $2.1m. It reported 110 employees.