Clements Boys and Girls Club Inc

Analysis

Clements Boys and Girls Club Inc is a registered charity in United States, based in Killeen, TX. It received its IRS tax-exemption ruling in October 1968, 58 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, Clements Boys and Girls Club Inc reported income of $7.1m and spending of $6.4m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.6m to $7.1m (+53%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 75%. 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, Clements Boys and Girls Club Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Outreach United Resource Center Inc ($7.1m), Scissortail Park Foundation Inc ($7.1m) and Corporate Leadership Center ($7.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 34% of the total. Other salaries and wages came to $3.0m. At year end it held assets of $13.4m against liabilities of $4.2m, net assets of $9.3m.