Boys & Girls Club of McAlester Inc

Analysis

Boys & Girls Club of McAlester Inc is a registered charity in United States, based in McAlester, OK. It received its IRS tax-exemption ruling in September 1963, 63 years ago. 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 McAlester Inc reported income of $921k and spending of $771k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $921k (-13%), an average of -3.3% a year. The sharpest change came in the year to December 2023, when income rose by 357%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boys & Girls Club of McAlester Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within OK. Charities of a similar size with the same main cause include Louisiana Human Resources Development Institute ($921k), P S 321 Parent-Teacher Association Inc ($921k) and Haili Christian School ($921k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 38% of the total. Other salaries and wages came to $240k. At year end it held assets of $5.5m against liabilities of $0, net assets of $5.5m. It reported 16 employees.