Boys Club of Burkburnett

Analysis

Boys Club of Burkburnett is a registered charity in United States, based in Burkburnett, TX. It received its IRS tax-exemption ruling in July 1978, 48 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 September 2023, Boys Club of Burkburnett reported income of $1.1m and spending of $1.1m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $475k to $1.1m (+126%), an average of +23% a year. The sharpest change came in the year to September 2020, when income rose by 73%. Over the whole period it spent 89% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boys Club of Burkburnett sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Pga Reach Carolinas Foundation ($1.1m), Critical Exposure Inc ($1.1m) and Boys and Girls Club of Morristown Inc ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 63% and program service revenue 9.5% of the total. Compensation of current officers, directors and key employees was $70k (6.4% of expenses). Other salaries and wages came to $386k. At year end it held assets of $956k against liabilities of $34k, net assets of $923k. It reported 39 employees.