Boys & Girls Clubs of Albany Inc

Analysis

Boys & Girls Clubs of Albany Inc is a registered charity in United States, based in Albany, GA. It received its IRS tax-exemption ruling in April 2023, 3 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 June 2023, Boys & Girls Clubs of Albany Inc reported income of $2.2m and spending of $2.5m, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.2m (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2022, when income rose by 78%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boys & Girls Clubs of Albany Inc 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 87th percentile, and in the 89th percentile within GA. Charities of a similar size with the same main cause include Police Athlethic League of Wilmington Inc ($2.2m), Waypoint Adventure ($2.2m) and Go Austin Vamos Austin ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 7.1% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $3.1m against liabilities of $183k, net assets of $2.9m. It reported 108 employees.