Boys Club of Paris

Analysis

Boys Club of Paris is a registered charity in United States, based in Paris, TX. It received its IRS tax-exemption ruling in December 1964, 62 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 Club of Paris reported income of $712k and spending of $692k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $649k to $712k (+9.6%), an average of +2.3% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boys Club of Paris sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Witness to Love Marriage Prep Renewal Ministry ($712k), Equality North Carolina Foundation ($712k) and Center for World Music ($712k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 7.0% of the total. Compensation of current officers, directors and key employees was $69k (10% of expenses). Other salaries and wages came to $332k. At year end it held assets of $744k against liabilities of $9,935, net assets of $734k. It reported 39 employees.