Boys & Girls Clubs of Greater Washington Inc

Analysis

Boys & Girls Clubs of Greater Washington Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 1943, 83 years ago. 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 Greater Washington Inc reported income of $17.4m and spending of $18.0m, spending 103% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $10.6m to $17.4m (+64%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 93%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boys & Girls Clubs of Greater Washington Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 92nd percentile within DC. Charities of a similar size with the same main cause include Dallas Area Habitat for Humanity Inc ($17.4m), Jack M Barrack Hebrew Academy ($17.5m) and Second Harvest Northland ($17.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $1.3m (7.4% of expenses). Other salaries and wages came to $9.1m. At year end it held assets of $22.9m against liabilities of $3.6m, net assets of $19.4m. It reported 344 employees.