Boys and Girls Club of Hernando County Inc

Analysis

Boys and Girls Club of Hernando County Inc is a registered charity in United States, based in Spring Hill, FL. It received its IRS tax-exemption ruling in March 1999, 27 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 and Girls Club of Hernando County Inc reported income of $3.7m and spending of $3.7m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $3.7m (+119%), an average of +22% a year. The sharpest change came in the year to June 2021, when income rose by 36%. Over the whole period it spent 101% 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 Club of Hernando County Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Core Inc ($3.7m), Boys & Girls Club of Merced County ($3.7m) and Tamid Israel Investment Group Ltd ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $234k (6.3% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $1.8m against liabilities of $1.7m, net assets of $96k. It reported 177 employees.