Boys and Girls Club of Transylvania County Inc

Analysis

Boys and Girls Club of Transylvania County Inc is a registered charity in United States, based in Brevard, NC. It received its IRS tax-exemption ruling in October 1999, 27 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 and Girls Club of Transylvania County Inc reported income of $4.0m and spending of $1.7m, leaving 59% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $4.0m (+277%), an average of +39% a year. The sharpest change came in the year to December 2022, when income rose by 152%. Over the whole period it spent 53% 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 Club of Transylvania County Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NC. Charities of a similar size with the same main cause include Girl Scouts of Southern Illinois ($4.0m), Mt Ashland Association ($4.1m) and Rapid City Club for Boys Inc ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 0.9% of the total. Other salaries and wages came to $816k. At year end it held assets of $10.5m against liabilities of $451k, net assets of $10.1m. It reported 81 employees.