Boys and Girls Clubs of Sioux Empire

Analysis

Boys and Girls Clubs of Sioux Empire is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in October 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 and Girls Clubs of Sioux Empire reported income of $9.0m and spending of $8.9m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.5m to $9.0m (+64%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Boys and Girls Clubs of Sioux Empire 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 95th percentile, and in the 95th percentile within SD. Charities of a similar size with the same main cause include Community Action Committee Inc of Chambers-Tallapoosa-Coosa ($9.0m), Foodlink for Tulare County Inc ($9.0m) and Karen Ann Quinlan Center of Hope Hospice ($9.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $234k (2.6% of expenses). Other salaries and wages came to $5.5m. At year end it held assets of $11.2m against liabilities of $6.5m, net assets of $4.7m. It reported 393 employees.