The Boys and Girls Club of Cooke County Inc

Analysis

The Boys and Girls Club of Cooke County Inc is a registered charity in United States, based in Gainesville, TX. It received its IRS tax-exemption ruling in June 1989, 37 years ago. 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, The Boys and Girls Club of Cooke County Inc reported income of $1.3m and spending of $1.1m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $990k to $1.3m (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Boys and Girls Club of Cooke County Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Naperville Community Television ($1.3m), U C L a Health System Auxiliary ($1.3m) and Nuckolls County Historical Society ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 48% of the total. Other salaries and wages came to $461k. At year end it held assets of $10.2m against liabilities of $26k, net assets of $10.1m. It reported 63 employees.