Boys and Girls Clubs of Chattanooga

Analysis

Boys and Girls Clubs of Chattanooga is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in April 1957, 69 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 and Girls Clubs of Chattanooga reported income of $2.5m and spending of $3.2m, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.5m (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2020, when income rose by 32%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boys and Girls Clubs of Chattanooga 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 88th percentile, and in the 89th percentile within TN. Charities of a similar size with the same main cause include Junius Ward Johnson Memorial Young Mems Christian Assn ($2.5m), Rowan-Cabarrus Community College Foundation Inc ($2.5m) and Habitat for Humanity International Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $355k (11% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $5.1m against liabilities of $690k, net assets of $4.4m. It reported 102 employees.