Boys & Girls Clubs of Manatee County Inc

Analysis

Boys & Girls Clubs of Manatee County Inc is a registered charity in United States, based in Bradenton, FL. It received its IRS tax-exemption ruling in May 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 December 2023, Boys & Girls Clubs of Manatee County Inc reported income of $5.6m and spending of $5.5m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.4m to $5.6m (+68%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 85%. Over the whole period it spent 87% 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 Manatee County Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Oklahoma Youth Exposition Inc ($5.6m), Antelope Valley Boys & Girls Club ($5.6m) and Change Summer Inc ($5.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 5.4% of the total. Compensation of current officers, directors and key employees was $557k (10% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $24.8m against liabilities of $1.2m, net assets of $23.6m. It reported 177 employees.