Boys and Girls Club of Morristown Inc

Analysis

Boys and Girls Club of Morristown Inc is a registered charity in United States, based in Morristown, TN. It received its IRS tax-exemption ruling in February 1949, 77 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 Club of Morristown Inc reported income of $1.1m and spending of $850k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $598k to $1.1m (+80%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 78% 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 Club of Morristown Inc sits at the 86th percentile: it is larger than about 86% 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 Boys Club of Parkersburg Inc ($1.1m), Pga Reach Carolinas Foundation ($1.1m) and Friendship Circle International Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $93k (11% of expenses). Other salaries and wages came to $211k. At year end it held assets of $1.9m against liabilities of $19k, net assets of $1.9m. It reported 21 employees.