Elizabethton Boys & Girls Club

Analysis

Elizabethton Boys & Girls Club is a registered charity in United States, based in Elizabethton, TN. It received its IRS tax-exemption ruling in April 1954, 72 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, Elizabethton Boys & Girls Club reported income of $1.1m and spending of $828k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $861k to $1.1m (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2020, when income rose by 46%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Elizabethton Boys & Girls Club sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within TN. Charities of a similar size with the same main cause include Baltimore Leadership Development Organization Inc ($1.1m), Kennebunk Beach Improvement Association ($1.1m) and I-Adarp Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $244k (29% of expenses). Other salaries and wages came to $175k. At year end it held assets of $1.7m against liabilities of $75k, net assets of $1.6m. It reported 27 employees.