Lamesa Boys and Girls Club Inc

Analysis

Lamesa Boys and Girls Club Inc is a registered charity in United States, based in Lamesa, TX. It received its IRS tax-exemption ruling in May 1962, 64 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 June 2024, Lamesa Boys and Girls Club Inc reported income of $462k and spending of $287k, leaving 38% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $140k to $462k (+230%), an average of +27% a year. The sharpest change came in the year to June 2024, when income rose by 168%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lamesa Boys and Girls Club Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Midland Global Strategies ($462k), Bethany Volunteer Firemans Association Inc ($462k) and National Church Residences of ($462k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% and program service revenue 0.4% of the total. Other salaries and wages came to $119k. At year end it held assets of $635k against liabilities of $20k, net assets of $615k. It reported 14 employees.