Boys & Girls Clubs of Broward County

Analysis

Boys & Girls Clubs of Broward County is a registered charity in United States, based in Fort Lauderdale, FL. It received its IRS tax-exemption ruling in August 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 June 2023, Boys & Girls Clubs of Broward County reported income of $17.3m and spending of $17.2m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $15.6m to $17.3m (+10%), an average of +2.5% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 92% 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 Broward County sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Girl Scouts of Central Texas Inc ($17.1m), Utec Inc ($17.3m) and Florida Sheriffs Youth Ranches Inc ($17.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% of the total. Compensation of current officers, directors and key employees was $589k (3.4% of expenses). Other salaries and wages came to $6.4m. At year end it held assets of $57.2m against liabilities of $1.8m, net assets of $55.4m. It reported 357 employees.