Boys & Girls Club of Henderson Co Hendersonville Inc

Analysis

Boys & Girls Club of Henderson Co Hendersonville Inc is a registered charity in United States, based in Hendersonvlle, NC. It received its IRS tax-exemption ruling in February 1994, 32 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 Club of Henderson Co Hendersonville Inc reported income of $3.7m and spending of $3.0m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $3.7m (+66%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 28%. Over the whole period it spent 75% 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 Club of Henderson Co Hendersonville Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NC. Charities of a similar size with the same main cause include Boys & Girls Club of Merced County ($3.7m), Spy Hop Productions Inc ($3.7m) and Boys and Girls Club of Hernando County Inc ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $9.9m against liabilities of $124k, net assets of $9.8m. It reported 118 employees.