Rapid City Club for Boys Foundation Inc

Analysis

Rapid City Club for Boys Foundation Inc is a registered charity in United States, based in Rapid City, SD. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Rapid City Club for Boys Foundation Inc reported income of $98k and spending of $532k, spending 544% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income fell from $266k to $98k (-63%), an average of -22% a year. The sharpest change came in the year to May 2022, when income rose by 151%. Over the whole period it spent 155% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Rapid City Club for Boys Foundation Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 31st percentile within SD. Charities of a similar size with the same main cause include Citrus Hills Womens Club Inc ($98k), U Can Speak for Me Bookmarkers ($98k) and School of Life Foundation ($98k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 27% of the total. Compensation of current officers, directors and key employees was $29k (5.5% of expenses). At year end it held assets of $4.3m against liabilities of $7,358, net assets of $4.3m. It reported 1 employees.