Boys & Girls Clubs of Central Mississippi Inc

Analysis

Boys & Girls Clubs of Central Mississippi Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in May 1955, 71 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 & Girls Clubs of Central Mississippi Inc reported income of $3.0m and spending of $3.1m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $3.0m (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 96% 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 Central Mississippi Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within MS. Charities of a similar size with the same main cause include The Cooperative Feeding Program Inc ($3.0m), Girls Incorporated of Metropolitan Dallas ($3.0m) and Bay Cliff Health Camp ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 6.9% of the total. Compensation of current officers, directors and key employees was $127k (4.1% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.0m against liabilities of $195k, net assets of $1.8m. It reported 75 employees.