Boys & Girls Clubs of Central Iowa Inc

Analysis

Boys & Girls Clubs of Central Iowa Inc is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in March 1964, 62 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 June 2023, Boys & Girls Clubs of Central Iowa Inc reported income of $4.9m and spending of $5.0m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.8m to $4.9m (+30%), an average of +6.7% a year. The sharpest change came in the year to June 2020, when income rose by 76%. Over the whole period it spent 87% 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 Clubs of Central Iowa Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within IA. Charities of a similar size with the same main cause include Atlas Fellowship ($4.9m), California Youth Soccer Association South ($4.9m) and Boys & Girls Club of Carson ($4.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $293k (5.8% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $18.9m against liabilities of $5.1m, net assets of $13.7m. It reported 153 employees.