Greater Miami Boys Clubs Foundation Inc

Analysis

Greater Miami Boys Clubs Foundation Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3).

In the financial year ending May 2023, Greater Miami Boys Clubs Foundation Inc reported income of $817k and spending of $349k, leaving 57% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income fell from $827k to $817k (-1.2%), an average of -0.3% a year. Over the whole period it spent 46% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Greater Miami Boys Clubs Foundation Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include Philadelphia Youth Organization ($817k), Icing Smiles ($818k) and Black Canyon Boys & Girls Club Inc ($816k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 0.0% and program service revenue 96% of the total. At year end it held assets of $11.5m against liabilities of $8.8m, net assets of $2.7m.