Boys and Girls Clubs of the Twin Cities

Analysis

Boys and Girls Clubs of the Twin Cities is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in June 2000, 26 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Boys and Girls Clubs of the Twin Cities reported income of $7.1m and spending of $10.0m, spending 141% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $5.6m to $7.1m (+25%), an average of +5.8% a year. The sharpest change came in the year to August 2021, when income rose by 51%. Over the whole period it spent 90% 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 Clubs of the Twin Cities sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MN. Charities of a similar size with the same main cause include Girls on the Run International ($7.0m), Boys & Girls Clubs of Greater Dallas Inc ($7.1m) and Boy Scouts of America ($7.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $683k (6.9% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $16.6m against liabilities of $1.8m, net assets of $14.8m. It reported 140 employees.