Boys & Girls Club of Northeast Texas Inc

Analysis

Boys & Girls Club of Northeast Texas Inc is a registered charity in United States, based in Greenville, TX. It received its IRS tax-exemption ruling in March 1988, 38 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 December 2023, Boys & Girls Club of Northeast Texas Inc reported income of $1.4m and spending of $1.6m, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.4m (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 102% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boys & Girls Club of Northeast Texas 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 86th percentile within TX. Charities of a similar size with the same main cause include Boys and Girls Club of the Pikes Peak Region ($1.4m), Pendleton Childrens Center Inc ($1.4m) and Laamistad Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 8.9% of the total. Compensation of current officers, directors and key employees was $122k (7.5% of expenses). Other salaries and wages came to $589k. At year end it held assets of $543k against liabilities of $563k, net assets of -$20k. It reported 93 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.