Boys & Girls Clubs of the Greater Triad Inc

Analysis

Boys & Girls Clubs of the Greater Triad Inc is a registered charity in United States, based in High Point, NC. It received its IRS tax-exemption ruling in October 1998, 28 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 & Girls Clubs of the Greater Triad Inc reported income of $7.0m and spending of $2.8m, leaving 60% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.6m to $7.0m (+325%), an average of +62% a year. The sharpest change came in the year to June 2022, when income rose by 99%. Over the whole period it spent 52% 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 Clubs of the Greater Triad Inc sits at the 98th percentile: it is larger than about 98% 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 Boys & Girls Clubs of the Virginia ($7.0m), Boy Scouts of America ($7.0m) and Peaceplayers International ($6.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $135k (4.9% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $8.2m against liabilities of $130k, net assets of $8.0m. It reported 144 employees.