Boys & Girls Club of Denison Inc

Analysis

Boys & Girls Club of Denison Inc is a registered charity in United States, based in Denison, TX. It received its IRS tax-exemption ruling in February 1967, 59 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 Denison Inc reported income of $616k and spending of $627k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $509k to $616k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2021, when income rose by 125%. Over the whole period it spent 101% 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 Denison Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Southern Arizona Community Sports Inc ($616k), Inneract Project Inc ($616k) and Monroe County Junior Livestock Committee Inc ($616k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $80k (13% of expenses). Other salaries and wages came to $232k. At year end it held assets of $562k against liabilities of $12k, net assets of $549k. It reported 40 employees.