Boys & Girls Clubs of Metro Los Angeles
Analysis
Boys & Girls Clubs of Metro Los Angeles is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 2016, 10 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 Clubs of Metro Los Angeles reported income of $11.4m and spending of $6.7m, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $11.4m (+344%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 105%. Over the whole period it spent 90% 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 Clubs of Metro Los Angeles sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Persevere ($11.4m), Girl Scouts North Carolina Coastal Pines Inc ($11.5m) and Cho-Yeh Camp and Conference Center ($11.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $376k (5.6% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $28.8m against liabilities of $2.6m, net assets of $26.2m. It reported 169 employees.
Income and spending
Where the income comes from
- Contributions & grants 90%
- Program services 4.2%
- Other 6.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Persevere | Salt Lake Cty | $11.4m |
| Girl Scouts North Carolina Coastal Pines Inc | Raleigh | $11.5m |
| Cho-Yeh Camp and Conference Center | Livingston | $11.3m |
| Wakeman Memorial Association Inc | Bridgeport | $11.6m |