Boys & Girls Clubs of Greater Tarrant County Inc

Analysis

Boys & Girls Clubs of Greater Tarrant County Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in January 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, Boys & Girls Clubs of Greater Tarrant County Inc reported income of $14.4m and spending of $14.2m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.6m to $14.4m (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 91% 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 Greater Tarrant County Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Boys & Girls Clubs of the Midlands ($14.3m), Boys & Girls Clubs of Northeast Ohio ($14.6m) and Girl Scouts-Arizona Cactus Pine Council Inc ($14.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 4.7% of the total. Compensation of current officers, directors and key employees was $494k (3.5% of expenses). Other salaries and wages came to $6.8m. At year end it held assets of $35.3m against liabilities of $480k, net assets of $34.9m. It reported 302 employees.