Boys & Girls Clubs of Gloucester County Inc

Analysis

Boys & Girls Clubs of Gloucester County Inc is a registered charity in United States, based in Glassboro, NJ. It received its IRS tax-exemption ruling in April 2003, 23 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 Gloucester County Inc reported income of $1.3m and spending of $1.6m, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.3m (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2020, when income rose by 29%. Over the whole period it spent 100% 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 Gloucester County Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within NJ. Charities of a similar size with the same main cause include Acta Non Verba Youth Urban Farm Project ($1.3m), Illinois Foundation of Skills USA Vica ($1.3m) and Shalom House Inc 2 ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $87k (5.3% of expenses). Other salaries and wages came to $903k. At year end it held assets of $1.5m against liabilities of $68k, net assets of $1.4m. It reported 73 employees.