Boys and Girls Club of Midland Inc

Analysis

Boys and Girls Club of Midland Inc is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in February 1966, 60 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Boys and Girls Club of Midland Inc reported income of $1.5m and spending of $1.4m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.5m (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2022, when income rose by 56%. Over the whole period it spent 90% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boys and Girls Club of Midland Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Youth Development Center Inc ($1.5m), Boys & Girls Club of Meriden Inc ($1.5m) and Pacific Northwest Qualifier ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 22% of the total. At year end it held assets of $1.5m against liabilities of $63k, net assets of $1.4m.