Boys and Girls Club of Marion County Inc

Analysis

Boys and Girls Club of Marion County Inc is a registered charity in United States, based in Ocala, FL. It received its IRS tax-exemption ruling in August 1967, 59 years ago. 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 and Girls Club of Marion County Inc reported income of $1.1m and spending of $1.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $887k to $1.1m (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boys and Girls Club of Marion County Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Our Ladys Manor Inc ($1.1m), Wings Foundation Inc ($1.1m) and Quincy Public Schools Foundation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 16% of the total. Other salaries and wages came to $565k. At year end it held assets of $1.7m against liabilities of $77k, net assets of $1.6m. It reported 45 employees.