Boys & Girls Club of Indian River County Inc

Analysis

Boys & Girls Club of Indian River County Inc is a registered charity in United States, based in Vero Beach, FL. It received its IRS tax-exemption ruling in April 2000, 26 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 Club of Indian River County Inc reported income of $2.4m and spending of $2.8m, spending 116% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.2m to $2.4m (+8.6%), an average of +2.8% a year. Over the whole period it spent 109% 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 Indian River County Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Boys & Girls Club of Northwest Colorado ($2.4m), Camp Watermarks Inc ($2.4m) and Project Destiny Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 9.5% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $9.2m against liabilities of $170k, net assets of $9.0m. It reported 91 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.