Cliff Hagan Boys & Girls Club Inc

Analysis

Cliff Hagan Boys & Girls Club Inc is a registered charity in United States, based in Owensboro, KY. It received its IRS tax-exemption ruling in November 1967, 59 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, Cliff Hagan Boys & Girls Club Inc reported income of $1.2m and spending of $1.6m, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.2m (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2021, when income rose by 183%. Over the whole period it spent 61% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Cliff Hagan Boys & Girls Club Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within KY. Charities of a similar size with the same main cause include Bakers Boys Club of Warsaw ($1.2m), Albany Police Athletic League Inc Public Safety BLDG ($1.2m) and W & W Community Development Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 3.9% of the total. Other salaries and wages came to $859k. At year end it held assets of $8.7m against liabilities of $2.2m, net assets of $6.4m. It reported 90 employees.