Boys & Girls Clubs of Springfield Inc

Analysis

Boys & Girls Clubs of Springfield Inc is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in July 1966, 60 years ago. 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 December 2023, Boys & Girls Clubs of Springfield Inc reported income of $6.9m and spending of $5.4m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $6.9m (+119%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 75%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boys & Girls Clubs of Springfield Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within MO. Charities of a similar size with the same main cause include University of Maryland Psychiatry Associates P a ($6.9m), Lansing Christian School ($6.9m) and Black River Health Services Inc ($6.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $238k (4.4% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $11.2m against liabilities of $587k, net assets of $10.6m. It reported 199 employees.