Boys and Girls Clubs of the Clinch Valley

Analysis

Boys and Girls Clubs of the Clinch Valley is a registered charity in United States, based in Oak Ridge, TN. It received its IRS tax-exemption ruling in June 1969, 57 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, Boys and Girls Clubs of the Clinch Valley reported income of $393k and spending of $448k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $592k to $393k (-34%), an average of -9.7% a year. The sharpest change came in the year to December 2022, when income rose by 90%. Over the whole period it spent 80% 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 the Clinch Valley sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within TN. Charities of a similar size with the same main cause include Rivers Edge Retreat Inc ($393k), Louisiana Youth Advisors Livingston Parish Sadd ($393k) and U-Turns Inc ($393k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $73k (16% of expenses). Other salaries and wages came to $106k. At year end it held assets of $1.5m against liabilities of $15k, net assets of $1.4m. It reported 15 employees.