Boys and Girls Clubs of Northeast Florida Inc

Analysis

Boys and Girls Clubs of Northeast Florida Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in March 1966, 60 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 July 2023, Boys and Girls Clubs of Northeast Florida Inc reported income of $18.7m and spending of $21.6m, spending 115% of what it took in. Across the 6 years on record, from June 2019 to July 2023, income grew from $10.2m to $18.7m (+83%), an average of +13% a year. The sharpest change came in the year to July 2021, when income rose by 179%. Over the whole period it spent 91% 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 Northeast Florida Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Boys & Girls Clubs of Garden Grove Inc ($18.7m), Girls Incorporated ($18.7m) and Latin American Youth Center Inc ($18.5m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 98% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $536k (2.5% of expenses). Other salaries and wages came to $11.0m. At year end it held assets of $16.8m against liabilities of $2.8m, net assets of $13.9m. It reported 995 employees.