Boys & Girls Club of Greater Holland

Analysis

Boys & Girls Club of Greater Holland is a registered charity in United States, based in Holland, MI. It received its IRS tax-exemption ruling in June 1989, 37 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 Club of Greater Holland reported income of $3.2m and spending of $2.6m, spending 83% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $4.0m to $3.2m (-20%), an average of -5.5% a year. The sharpest change came in the year to August 2021, when income rose by 74%. Over the whole period it spent 79% 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 Club of Greater Holland 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 89th percentile, and in the 89th percentile within MI. Charities of a similar size with the same main cause include Watson ($3.2m), Live in Peace Inc ($3.2m) and MN Fundraising Initiative ($3.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 101% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $127k (4.9% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $6.8m against liabilities of $191k, net assets of $6.6m. It reported 143 employees.