Boys and Girls Clubs of the Cedar Valley Inc

Analysis

Boys and Girls Clubs of the Cedar Valley Inc is a registered charity in United States, based in Waterloo, IA. It received its IRS tax-exemption ruling in October 1965, 61 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 June 2024, Boys and Girls Clubs of the Cedar Valley Inc reported income of $4.4m and spending of $1.6m, leaving 64% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.8m to $4.4m (+143%), an average of +19% a year. The sharpest change came in the year to June 2024, when income rose by 353%. Over the whole period it spent 72% 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 Cedar Valley Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within IA. Charities of a similar size with the same main cause include Boy Scouts of America ($4.4m), Girl Scouts of Kansas Heartland Inc ($4.4m) and Future Farmers of America State Associations & Local Chapter ($4.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $112k (7.0% of expenses). Other salaries and wages came to $647k. At year end it held assets of $9.0m against liabilities of $182k, net assets of $8.8m. It reported 50 employees.