Boys & Girls Clubs of the Coastal Plain Inc

Analysis

Boys & Girls Clubs of the Coastal Plain Inc is a registered charity in United States, based in Winterville, NC. It received its IRS tax-exemption ruling in March 1971, 55 years ago. 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 & Girls Clubs of the Coastal Plain Inc reported income of $6.9m and spending of $8.1m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income grew from $5.7m to $6.9m (+21%), an average of +4.9% a year. The sharpest change came in the year to June 2021, when income rose by 111%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boys & Girls Clubs of the Coastal Plain Inc 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 94th percentile, and in the 95th percentile within NC. Charities of a similar size with the same main cause include New England Homes for the Deaf Inc ($6.9m), Community Action of Southern Indiana Inc ($6.9m) and The Economic Club of Washington DC ($6.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $652k (8.0% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $8.6m against liabilities of $1.3m, net assets of $7.3m. It reported 303 employees.