Boys and Girls Clubs of Larimer County
Analysis
Boys and Girls Clubs of Larimer County is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in August 1988, 38 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 May 2024, Boys and Girls Clubs of Larimer County reported income of $6.7m and spending of $5.5m, spending 81% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $3.6m to $6.7m (+89%), an average of +17% a year. The sharpest change came in the year to May 2023, when income rose by 100%. Over the whole period it spent 72% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boys and Girls Clubs of Larimer County sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CO. Charities of a similar size with the same main cause include NC United Methodist Camp & Retreat Ministries Inc ($6.7m), Boys & Girls Clubs of Western Pa ($6.7m) and Variety Boys and Girls Club of Queens Inc ($6.7m).
On its Form 990 for the period ending May 2024, revenue came from contributions and grants 92% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $224k (4.1% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $22.7m against liabilities of $904k, net assets of $21.8m. It reported 200 employees.
Income and spending
Where the income comes from
- Contributions & grants 92%
- Program services 3.1%
- Other 4.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| NC United Methodist Camp & Retreat Ministries Inc | Garner | $6.7m |
| Boys & Girls Clubs of Western Pa | Pittsburgh | $6.7m |
| Variety Boys and Girls Club of Queens Inc | Long Is City | $6.7m |
| Boys & Girls Clubs of Central Minnesota | Saint Cloud | $6.7m |