Boys & Girls Clubs of the Ocoee Region

Analysis

Boys & Girls Clubs of the Ocoee Region is a registered charity in United States, based in Cleveland, TN. It received its IRS tax-exemption ruling in September 1966, 60 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Boys & Girls Clubs of the Ocoee Region reported income of $5.6m and spending of $5.4m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.4m to $5.6m (+66%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 50%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boys & Girls Clubs of the Ocoee Region sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within TN. Charities of a similar size with the same main cause include Rabbinical College of Telshe Inc ($5.6m), Pajaro Valley Prevention and Student Assistance Inc ($5.6m) and Greater Kingsport Family Young Mens ($5.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $104k (1.9% of expenses). At year end it held assets of $9.5m against liabilities of $147k, net assets of $9.4m. It reported 256 employees.