Boys & Girls Clubs Foundation of Indian River County Inc

Analysis

Boys & Girls Clubs Foundation of Indian River County Inc is a registered charity in United States, based in Vero Beach, FL. It received its IRS tax-exemption ruling in November 2012, 14 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Boys & Girls Clubs Foundation of Indian River County Inc reported income of $602k and spending of $334k, leaving 44% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $96k to $602k (+529%), an average of +85% a year. The sharpest change came in the year to June 2022, when income rose by 408%. Over the whole period it spent 41% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Boys & Girls Clubs Foundation of Indian River County Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include Design That Matters Inc ($601k), Junior Achievement of the Bluegrass ($602k) and Ark Childrens Homes ($601k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $4.1m against liabilities of $0, net assets of $4.1m.