Boys and Girls Clubs of Tampa Bay Foundation Inc

Analysis

Boys and Girls Clubs of Tampa Bay Foundation Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in May 1992, 34 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 and Girls Clubs of Tampa Bay Foundation Inc reported income of $594k and spending of $565k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $723k to $594k (-18%), an average of -4.8% a year. The sharpest change came in the year to December 2022, when income dropped by 24%. Over the whole period it spent 80% 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 Tampa Bay Foundation 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 73rd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include Advocates for Kids ($594k), Vienna Matclub Inc ($594k) and The Reed Community Foundation ($594k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% of the total. At year end it held assets of $13.1m against liabilities of $3.6m, net assets of $9.5m.