Boys Club of Duluth

Analysis

Boys Club of Duluth is a registered charity in United States, based in Duluth, MN. It received its IRS tax-exemption ruling in May 1971, 55 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 Club of Duluth reported income of $2.2m and spending of $2.1m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.2m (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boys Club of Duluth sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MN. Charities of a similar size with the same main cause include Wild Earth Wilderness School ($2.2m), Zuni Youth Enrichment Project ($2.2m) and Boys & Girls Club of the Lower Naugatuck Valley ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 3.5% of the total. Compensation of current officers, directors and key employees was $248k (12% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $5.4m against liabilities of $270k, net assets of $5.1m. It reported 89 employees.