Boys & Girls Club of Martin County Inc

Analysis

Boys & Girls Club of Martin County Inc is a registered charity in United States, based in Hobe Sound, FL. It received its IRS tax-exemption ruling in February 1990, 36 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 June 2023, Boys & Girls Club of Martin County Inc reported income of $25.5m and spending of $12.5m, leaving 51% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.6m to $25.5m (+351%), an average of +46% a year. The sharpest change came in the year to June 2020, when income rose by 169%. Over the whole period it spent 60% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boys & Girls Club of Martin County Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Girl Scouts of Northern California ($25.3m), Girl Scouts of Greater Los Angeles ($25.7m) and Roca Inc ($25.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $382k (3.0% of expenses). Other salaries and wages came to $5.8m. At year end it held assets of $49.5m against liabilities of $1.2m, net assets of $48.3m. It reported 238 employees.