Boys & Girls Club of Chelsea Inc

Analysis

Boys & Girls Club of Chelsea Inc is a registered charity in United States, based in Chelsea, OK. It received its IRS tax-exemption ruling in March 2016, 10 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 Chelsea Inc reported income of $527k and spending of $393k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $200k to $527k (+163%), an average of +27% a year. The sharpest change came in the year to December 2020, when income rose by 196%. Over the whole period it spent 86% 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 Chelsea Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within OK. Charities of a similar size with the same main cause include Butler County Alliance for Children ($527k), Students Athletes Values Education Inc ($527k) and The Men and Ladies of Honor ($526k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $161k. At year end it held assets of $558k against liabilities of $56k, net assets of $502k. It reported 15 employees.