Boys & Girls Clubs of the Crescent Region

Analysis

Boys & Girls Clubs of the Crescent Region is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in June 1961, 65 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) 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 Crescent Region reported income of $2.9m and spending of $3.0m, spending 103% of its income. Across the 6 years on record, from June 2018 to June 2023, income fell from $3.5m to $2.9m (-16%), an average of -3.4% a year. The sharpest change came in the year to June 2021, when income rose by 473%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boys & Girls Clubs of the Crescent Region sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within SC. Charities of a similar size with the same main cause include Come to Believe Foundation ($2.9m), Habitat for Humanity International Inc ($2.9m) and Chip Hale Center Inc ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $343k (11% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $2.0m against liabilities of $1.8m, net assets of $170k. It reported 57 employees.