Boys & Girls Club of Covington County Inc
Analysis
Boys & Girls Club of Covington County Inc is a registered charity in United States, based in Collins, MS. It received its IRS tax-exemption ruling in November 1997, 29 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 & Girls Club of Covington County Inc reported income of $359k and spending of $412k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $155k to $359k (+131%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 89% 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 Covington County Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within MS. Charities of a similar size with the same main cause include Girls Incorporated of Hamblen County ($359k), Arapahoe County Youth Livestock Auction ($359k) and Seeds of Fortune ($359k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $211k. At year end it held assets of $175k against liabilities of $12k, net assets of $163k. It reported 16 employees.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Other 5.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Girls Incorporated of Hamblen County | Morristown | $359k |
| Arapahoe County Youth Livestock Auction | Strasburg | $359k |
| Seeds of Fortune | Brooklyn | $359k |
| Boys & Girls Club of Phillips County | Helena | $360k |