Boys and Girls Clubs of Miami-Dade Inc

Analysis

Boys and Girls Clubs of Miami-Dade Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in August 1946, 80 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Boys and Girls Clubs of Miami-Dade Inc reported income of $6.2m and spending of $6.0m, spending 96% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $5.4m to $6.2m (+14%), an average of +3.4% a year. The sharpest change came in the year to May 2021, when income dropped by 17%. 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 and Girls Clubs of Miami-Dade Inc 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 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Vive ($6.2m), Paradise Oaks Youth Services ($6.2m) and Zichron Chaim Inc ($6.2m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 53% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $263k (4.4% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $17.6m against liabilities of $12.9m, net assets of $4.7m. It reported 180 employees.