Boys and Girls Clubs of Northeast Mississippi Inc

Analysis

Boys and Girls Clubs of Northeast Mississippi Inc is a registered charity in United States, based in Corinth, MS. It received its IRS tax-exemption ruling in April 1988, 38 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 and Girls Clubs of Northeast Mississippi Inc reported income of $712k and spending of $801k, spending 112% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $626k to $712k (+14%), an average of +2.6% a year. The sharpest change came in the year to December 2021, when income rose by 153%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boys and Girls Clubs of Northeast Mississippi Inc 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 75th percentile, and in the 77th percentile within MS. Charities of a similar size with the same main cause include Pee Dee Regional Emergency Medical ($712k), United Fund of Globe-Miami Inc ($713k) and Lead San Diego Inc ($712k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $497k. At year end it held assets of $647k against liabilities of $59k, net assets of $587k. It reported 42 employees.