Boys & Girls Clubs of the Midlands

Analysis

Boys & Girls Clubs of the Midlands is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in December 1963, 63 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 the Midlands reported income of $14.3m and spending of $11.4m, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.8m to $14.3m (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2020, when income dropped by 28%. Over the whole period it spent 94% 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 the Midlands sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within NE. Charities of a similar size with the same main cause include Girl Scouts-Arizona Cactus Pine Council Inc ($14.3m), Boys & Girls Clubs of Greater Tarrant County Inc ($14.4m) and Chicago Youth Centers ($14.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $847k (7.4% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $50.8m against liabilities of $1.4m, net assets of $49.4m. It reported 257 employees.