Boys and Girls Club of McAllen Inc

Analysis

Boys and Girls Club of McAllen Inc is a registered charity in United States, based in McAllen, TX. It received its IRS tax-exemption ruling in December 1966, 60 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 and Girls Club of McAllen Inc reported income of $3.7m and spending of $3.7m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $3.7m (+35%), an average of +7.7% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boys and Girls Club of McAllen Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Illinois Alcohol & Other Drug Abuse Professional Cert Association Inc ($3.7m), Easter Seal Society of South Carolina Inc ($3.7m) and Ke Ola Mamo ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $292k (7.9% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $8.0m against liabilities of $1.2m, net assets of $6.9m. It reported 150 employees.