Lubbock Boys and Girls Club Inc

Analysis

Lubbock Boys and Girls Club Inc is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in June 1948, 78 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 October 2023, Lubbock Boys and Girls Club Inc reported income of $2.0m and spending of $1.3m, leaving 34% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $1.1m to $2.0m (+78%), an average of +16% a year. The sharpest change came in the year to October 2023, when income rose by 64%. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Lubbock Boys and Girls Club 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 Girls Incorporated of St Louis ($2.0m), Los Al FNL ($2.0m) and Youth with a Mission Twin Pine Camp US ($2.0m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 80% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $92k (7.1% of expenses). Other salaries and wages came to $582k. At year end it held assets of $5.4m against liabilities of $67k, net assets of $5.3m. It reported 58 employees.