Boys Club Fund of the Optimist Club of Arlington County Virginia Inc

Analysis

Boys Club Fund of the Optimist Club of Arlington County Virginia Inc is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in September 1999, 27 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Boys Club Fund of the Optimist Club of Arlington County Virginia Inc reported income of $147k and spending of $123k, spending 83% of its income. Across the 3 years on record, from September 2021 to September 2023, income grew from $138k to $147k (+6.7%), an average of +3.3% a year. The sharpest change came in the year to September 2022, when income rose by 23%. Over the whole period it spent 69% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boys Club Fund of the Optimist Club of Arlington County Virginia Inc sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within VA. Charities of a similar size with the same main cause include Unity Circles ($147k), Waynesboro Area School Band Auxiliary ($147k) and Overcomer Training Center Inc ($147k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.7% of the total. At year end it held assets of $580k against liabilities of $0, net assets of $580k.