Boys & Girls Clubs of Southwest Virginia Inc

Analysis

Boys & Girls Clubs of Southwest Virginia Inc is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in November 1997, 29 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 Southwest Virginia Inc reported income of $2.5m and spending of $2.5m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.5m (+94%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 49%. Over the whole period it spent 92% 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 Southwest Virginia Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within VA. Charities of a similar size with the same main cause include Girl Scout Council of Tropical Florida Inc ($2.5m), Ralph Wilson Youth Clubs of Temple Inc ($2.5m) and Oneonta Boys Club Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $105k (4.2% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $2.4m against liabilities of $94k, net assets of $2.3m. It reported 186 employees.