Boys & Girls Club of Polk County

Analysis

Boys & Girls Club of Polk County is a registered charity in United States, based in Lakeland, FL. It received its IRS tax-exemption ruling in July 1960, 66 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 Club of Polk County reported income of $7.7m and spending of $4.8m, leaving 38% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $7.7m (+226%), an average of +34% a year. The sharpest change came in the year to June 2023, when income rose by 69%. Over the whole period it spent 81% 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 Club of Polk County sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Big Brothers Big Sisters of the Greater Twin Cities ($7.7m), The American Friends of Migdal Ohr ($7.7m) and Boys and Girls Club of North Alabama ($7.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $2.6m. At year end it held assets of $6.5m against liabilities of $575k, net assets of $6.0m. It reported 224 employees.