Boys & Girls Clubs of the Diamond Hills

Analysis

Boys & Girls Clubs of the Diamond Hills is a registered charity in United States, based in Alma, AR. It received its IRS tax-exemption ruling in August 2003, 23 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Boys & Girls Clubs of the Diamond Hills reported income of $918k and spending of $1.2m, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $816k to $918k (+12%), an average of +3.0% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 108% 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 Clubs of the Diamond Hills sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within AR. Charities of a similar size with the same main cause include Emagine You at Play Community Development Inc ($917k), Ohuddle Incorporated ($918k) and Changing Lives S&p LLC ($917k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $584k. At year end it held assets of $1.8m against liabilities of $37k, net assets of $1.8m. It reported 116 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.