Boys & Girls Clubs of Abilene Inc

Analysis

Boys & Girls Clubs of Abilene Inc is a registered charity in United States, based in Abilene, TX. It received its IRS tax-exemption ruling in March 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 Abilene Inc reported income of $999k and spending of $1.2m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $765k to $999k (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 103% 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 Abilene Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Road Runners Club of America ($998k), Allegheny Council to Improve Our Neighborhoods-Housing Incorporated ($999k) and Transition Inc ($998k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 30% of the total. Other salaries and wages came to $710k. At year end it held assets of $1.2m against liabilities of $105k, net assets of $1.1m. It reported 61 employees.