Boys and Girls Clubs of Lowcountry Inc

Analysis

Boys and Girls Clubs of Lowcountry Inc is a registered charity in United States, based in Bluffton, SC. It received its IRS tax-exemption ruling in July 1986, 40 years ago. 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, Boys and Girls Clubs of Lowcountry Inc reported income of $4.0m and spending of $4.2m, spending 105% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $4.0m to $4.0m (-1.0%), an average of -0.2% a year. The sharpest change came in the year to September 2023, when income dropped by 16%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boys and Girls Clubs of Lowcountry Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within SC. Charities of a similar size with the same main cause include Camp Leelanau and Kohahna Foundation Inc ($4.0m), Central Minnesota Legal Services Incorporated ($4.0m) and Historical Association of Southern Florida Inc ($4.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 56% and program service revenue 16% of the total. Other salaries and wages came to $2.2m. At year end it held assets of $11.9m against liabilities of $352k, net assets of $11.6m. It reported 165 employees.