Boys & Girls Club of the Wausau Area Inc

Analysis

Boys & Girls Club of the Wausau Area Inc is a registered charity in United States, based in Wausau, WI. It received its IRS tax-exemption ruling in August 1996, 30 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 & Girls Club of the Wausau Area Inc reported income of $1.9m and spending of $1.9m, spending 98% of its income. Across the 6 years on record, from August 2019 to December 2023, income grew from $1.2m to $1.9m (+57%), an average of +9.4% a year. The sharpest change came in the year to December 2020, when income rose by 432%. Over the whole period it spent 85% 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 the Wausau Area Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within WI. Charities of a similar size with the same main cause include Boys to Men Transitional Home Inc ($1.9m), Hershey Soccer Club ($1.9m) and Hope 4 Youth ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $96k (5.1% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $4.2m against liabilities of $194k, net assets of $4.0m. It reported 91 employees.