Boys and Girls Clubs of North Central North Carolina

Analysis

Boys and Girls Clubs of North Central North Carolina is a registered charity in United States, based in Oxford, NC. It received its IRS tax-exemption ruling in April 2006, 20 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 Clubs of North Central North Carolina reported income of $1.9m and spending of $1.9m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $1.9m (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2021, when income rose by 73%. Over the whole period it spent 90% 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 Clubs of North Central North Carolina sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within NC. Charities of a similar size with the same main cause include Boys and Girls Club of the Bemidji Area ($1.9m), Shine Together Inc ($1.9m) and Evolve Youth Services ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.9% of the total. Compensation of current officers, directors and key employees was $203k (11% of expenses). Other salaries and wages came to $752k. At year end it held assets of $3.5m against liabilities of $526k, net assets of $3.0m. It reported 91 employees.