Boys & Girls Club of Glasgow Barren County

Analysis

Boys & Girls Club of Glasgow Barren County is a registered charity in United States, based in Glasgow, KY. It received its IRS tax-exemption ruling in June 2012, 14 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 Club of Glasgow Barren County reported income of $3.8m and spending of $1.4m, leaving 63% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $457k to $3.8m (+723%), an average of +102% a year. The sharpest change came in the year to June 2023, when income rose by 474%. Over the whole period it spent 60% 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 Club of Glasgow Barren County 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 90th percentile, and in the 91st percentile within KY. Charities of a similar size with the same main cause include Boys & Girls Club of Central Alabama ($3.8m), Reformed Youth Movement Inc ($3.8m) and Ecole Francaise de Boston Inc ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $61k (4.4% of expenses). Other salaries and wages came to $398k. At year end it held assets of $3.9m against liabilities of $61k, net assets of $3.9m. It reported 25 employees.