Boys & Girls Clubs of Victoria Inc

Analysis

Boys & Girls Clubs of Victoria Inc is a registered charity in United States, based in Victoria, TX. It received its IRS tax-exemption ruling in June 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, Boys & Girls Clubs of Victoria Inc reported income of $470k and spending of $415k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $380k to $470k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boys & Girls Clubs of Victoria Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Adult Literacy Plus of Southwest Arizona ($470k), Flushing Day Care Center Inc ($470k) and Michigan Philharmonic ($470k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 21% of the total. Other salaries and wages came to $170k. At year end it held assets of $769k against liabilities of $14k, net assets of $754k. It reported 19 employees.