Fort Smith Boys Club

Analysis

Fort Smith Boys Club is a registered charity in United States, based in Fort Smith, AR. It received its IRS tax-exemption ruling in June 1955, 71 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fort Smith Boys Club reported income of $2.3m and spending of $2.0m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.8m to $2.3m (-18%), an average of -4.9% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 65% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Fort Smith Boys Club sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within AR. Charities of a similar size with the same main cause include Midnight Golf Program ($2.3m), Lucy Outreach a New Jersey Nonprofit Corporation ($2.3m) and Just 4 Kids Booster Club ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 12% of the total. Other salaries and wages came to $859k. At year end it held assets of $10.6m against liabilities of $144k, net assets of $10.5m. It reported 63 employees.