Boys & Girls Club of Bay County Inc

Analysis

Boys & Girls Club of Bay County Inc is a registered charity in United States, based in Panama City, FL. It received its IRS tax-exemption ruling in May 1966, 60 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 2022, Boys & Girls Club of Bay County Inc reported income of $1.3m and spending of $1.4m, spending 105% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.3m to $1.3m (+0.9%), an average of +0.3% a year. The sharpest change came in the year to December 2021, when income rose by 43%. 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 Club of Bay County Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Future Farmers of America State Associations & Local Chapter ($1.3m), California Missions Foundation ($1.3m) and C5 Youth Foundation of Southern California Inc ($1.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 58% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $85k (6.0% of expenses). Other salaries and wages came to $631k. At year end it held assets of $2.3m against liabilities of $52k, net assets of $2.3m. It reported 59 employees.