The Maverick Boys and Girls Club of Amarillo Inc

Analysis

The Maverick Boys and Girls Club of Amarillo Inc is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in February 1939, 87 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 December 2023, The Maverick Boys and Girls Club of Amarillo Inc reported income of $1.9m and spending of $1.7m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.9m (+59%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 91%. Over the whole period it spent 80% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, The Maverick Boys and Girls Club of Amarillo Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Boys & Girls Club of Nassau County Foundation Inc ($1.9m), Tolosa Childrens Dental Center ($1.9m) and The College and Community Fellowship Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $112k (6.5% of expenses). Other salaries and wages came to $944k. It paid $27k in professional fundraising fees. At year end it held assets of $2.5m against liabilities of $55k, net assets of $2.5m. It reported 104 employees.