Boys & Girls Clubs of Gatesville

Analysis

Boys & Girls Clubs of Gatesville is a registered charity in United States, based in Killeen, TX. It received its IRS tax-exemption ruling in August 2013, 13 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 & Girls Clubs of Gatesville reported income of $1.0m and spending of $998k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $926k to $1.0m (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2022, when income rose by 58%. 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 & Girls Clubs of Gatesville sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Huntingdon Valley Activities Association ($1.0m), Oakland Natives Give Back Fund ($1.0m) and Spirit of Giving Network Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 14% of the total. Other salaries and wages came to $492k. At year end it held assets of $2.4m against liabilities of $159k, net assets of $2.3m.