Boys and Girls Clubs of the Pee Dee Area Inc

Analysis

Boys and Girls Clubs of the Pee Dee Area Inc is a registered charity in United States, based in Florence, SC. It received its IRS tax-exemption ruling in September 1965, 61 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 the Pee Dee Area Inc reported income of $2.7m and spending of $2.8m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $2.7m (+7.3%), an average of +1.8% a year. The sharpest change came in the year to December 2022, when income rose by 117%. Over the whole period it spent 83% 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 the Pee Dee Area Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within SC. Charities of a similar size with the same main cause include Activstars Outreach ($2.7m), Waterville Area Boys & Girls Club ($2.7m) and Homes First ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $142k (5.1% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $5.0m against liabilities of $101k, net assets of $4.8m. It reported 150 employees.