Boys and Girls Club Foundation of Morristown Inc

Analysis

Boys and Girls Club Foundation of Morristown Inc is a registered charity in United States, based in Morristown, TN. It received its IRS tax-exemption ruling in April 2003, 23 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 Foundation of Morristown Inc reported income of $132k and spending of $47k, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $81k to $132k (+64%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 682%. Over the whole period it spent 84% 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 Foundation of Morristown Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within TN. Charities of a similar size with the same main cause include Girls on the Run of Southern Idaho Inc ($132k), Sail2change ($132k) and All Stars Are Bright Corporation ($132k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.