Boys & Girls Club of the Virginia Peninsula Foundation Inc

Analysis

Boys & Girls Club of the Virginia Peninsula Foundation Inc is a registered charity in United States, based in Newport News, VA. It received its IRS tax-exemption ruling in March 1991, 35 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 Club of the Virginia Peninsula Foundation Inc reported income of $340k and spending of $190k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $192k to $340k (+77%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 249%. Over the whole period it spent 58% 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 the Virginia Peninsula Foundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within VA. Charities of a similar size with the same main cause include Boys & Girls Clubs of South Georgia Inc ($340k), Youth Impact Program Inc ($340k) and Willis Ag Booster Club Inc ($340k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $3.9m against liabilities of $1,591, net assets of $3.9m.