Stateline Boys & Girls Clubs Inc

Analysis

Stateline Boys & Girls Clubs Inc is a registered charity in United States, based in Beloit, WI. It received its IRS tax-exemption ruling in May 1960, 66 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, Stateline Boys & Girls Clubs Inc reported income of $2.6m and spending of $2.4m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.6m (+115%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 210%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Stateline Boys & Girls Clubs Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within WI. Charities of a similar size with the same main cause include Hope of Buffalo Inc ($2.6m), Brewton Area Young Mens Christian Association Inc ($2.6m) and Pursuit of Excellence ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $100k (4.1% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $8.5m against liabilities of $1.9m, net assets of $6.6m. It reported 88 employees.