Boys and Girls Club of Greater Milwaukee Inc

Analysis

Boys and Girls Club of Greater Milwaukee Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in August 1942, 84 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 December 2023, Boys and Girls Club of Greater Milwaukee Inc reported income of $30.3m and spending of $35.1m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $27.0m to $30.3m (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2022, when income rose by 59%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boys and Girls Club of Greater Milwaukee Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within WI. Charities of a similar size with the same main cause include National Boy Scouts of America Foundation ($29.4m), Braven Incorporated ($30.8m) and St Davids ($29.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $1.2m (3.5% of expenses). Other salaries and wages came to $17.4m. At year end it held assets of $75.7m against liabilities of $1.7m, net assets of $74.0m. It reported 983 employees.