Cherokee Youth Center Boys & Girls Club Inc

Analysis

Cherokee Youth Center Boys & Girls Club Inc is a registered charity in United States, based in Cherokee, NC. It received its IRS tax-exemption ruling in March 2000, 26 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 September 2023, Cherokee Youth Center Boys & Girls Club Inc reported income of $1.9m and spending of $1.8m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.6m to $1.9m (+18%), an average of +4.2% a year. The sharpest change came in the year to September 2023, when income rose by 20%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Cherokee Youth Center Boys & Girls Club Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within NC. Charities of a similar size with the same main cause include Youthplaces ($1.9m), Bridgeport Caribe Youth League Inc ($1.9m) and Naml ($1.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $104k (5.8% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $3.8m against liabilities of $3.6m, net assets of $183k. It reported 31 employees.