Boys and Girls Clubs of Chaffee County

Analysis

Boys and Girls Clubs of Chaffee County is a registered charity in United States, based in Salida, CO. It received its IRS tax-exemption ruling in December 2005, 21 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 June 2023, Boys and Girls Clubs of Chaffee County reported income of $2.6m and spending of $972k, leaving 62% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $701k to $2.6m (+266%), an average of +38% a year. The sharpest change came in the year to June 2021, when income rose by 121%. Over the whole period it spent 44% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boys and Girls Clubs of Chaffee County sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CO. Charities of a similar size with the same main cause include Gamers Outreach Foundation ($2.6m), Bright Star of Bethlehem NFP ($2.6m) and Torah Encounters Inc ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 3.2% of the total. Compensation of current officers, directors and key employees was $105k (11% of expenses). Other salaries and wages came to $433k. It paid $20k in professional fundraising fees. At year end it held assets of $5.9m against liabilities of $461k, net assets of $5.5m. It reported 23 employees.