John W Hereford Boys and Girls Clubs of Huntington Inc

Analysis

John W Hereford Boys and Girls Clubs of Huntington Inc is a registered charity in United States, based in Huntington, WV. It received its IRS tax-exemption ruling in August 1960, 66 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, John W Hereford Boys and Girls Clubs of Huntington Inc reported income of $749k and spending of $774k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $544k to $749k (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2021, when income rose by 122%. Over the whole period it spent 88% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, John W Hereford Boys and Girls Clubs of Huntington Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within WV. Charities of a similar size with the same main cause include New Foundation of Hope ($749k), Ytl Training Programs ($750k) and Turtle Athletic Foundation Inc ($749k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 2.5% of the total. Compensation of current officers, directors and key employees was $51k (6.6% of expenses). Other salaries and wages came to $316k. At year end it held assets of $1.8m against liabilities of $35k, net assets of $1.7m. It reported 45 employees.