Boys & Girls Club of Greater Kingsport Inc

Analysis

Boys & Girls Club of Greater Kingsport Inc is a registered charity in United States, based in Kingsport, TN. It received its IRS tax-exemption ruling in April 1955, 71 years ago. 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, Boys & Girls Club of Greater Kingsport Inc reported income of $1.8m and spending of $1.6m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $974k to $1.8m (+81%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boys & Girls Club of Greater Kingsport Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within TN. Charities of a similar size with the same main cause include National Network of Abortion Funds ($1.8m), Future Farmers of America Florida State Organization ($1.8m) and Mighell Fund Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $162k (10% of expenses). At year end it held assets of $5.8m against liabilities of $32k, net assets of $5.8m. It reported 48 employees.