Boys and Girls Club of Lake Tahoe

Analysis

Boys and Girls Club of Lake Tahoe is a registered charity in United States, based in S Lake Tahoe, CA. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 and Girls Club of Lake Tahoe reported income of $3.2m and spending of $2.4m, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $3.2m (+32%), an average of +7.2% a year. The sharpest change came in the year to June 2021, when income rose by 285%. Over the whole period it spent 48% 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 Club of Lake Tahoe sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Harmonia Collaborative Care Inc ($3.2m), Day One ($3.2m) and American Adoptions of California ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 9.0% of the total. Compensation of current officers, directors and key employees was $114k (4.8% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $10.0m against liabilities of $1.4m, net assets of $8.7m. It reported 62 employees.