Boys and Girls Club of Delaware Inc

Analysis

Boys and Girls Club of Delaware Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in August 1939, 87 years ago. 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 and Girls Club of Delaware Inc reported income of $24.6m and spending of $25.5m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $20.0m to $24.6m (+23%), an average of +5.3% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boys and Girls Club of Delaware Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within DE. Charities of a similar size with the same main cause include Mercy Hospital Logan County Inc ($24.5m), University of Maryland Anesthesiology Associates P a ($24.6m) and St Vincent Williamsport Hospital Inc ($24.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $235k (0.9% of expenses). Other salaries and wages came to $14.0m. At year end it held assets of $50.5m against liabilities of $3.0m, net assets of $47.5m. It reported 809 employees.