Boys and Girls Club of Malvern & Hot Spring County Inc

Analysis

Boys and Girls Club of Malvern & Hot Spring County Inc is a registered charity in United States, based in Malvern, AR. It received its IRS tax-exemption ruling in September 1996, 30 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 December 2023, Boys and Girls Club of Malvern & Hot Spring County Inc reported income of $186k and spending of $345k, spending 186% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $257k to $186k (-28%), an average of -7.8% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 104% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boys and Girls Club of Malvern & Hot Spring County Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within AR. Charities of a similar size with the same main cause include Boys and Girls Club of Hollywood Foundation ($186k), Harvest Hope Farm ($186k) and Middleman Skateboard Ministries Inc ($186k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $45k (13% of expenses). Other salaries and wages came to $80k. At year end it held assets of $298k against liabilities of $158k, net assets of $140k. It reported 13 employees.