Boys and Girls Club of the Pikes Peak Region

Analysis

Boys and Girls Club of the Pikes Peak Region is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in July 1934, 92 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Boys and Girls Club of the Pikes Peak Region reported income of $1.4m and spending of $1.8m, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.4m (-28%), an average of -8.0% a year. The sharpest change came in the year to December 2021, when income rose by 93%. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boys and Girls Club of the Pikes Peak Region 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 82nd percentile within CO. Charities of a similar size with the same main cause include Laamistad Inc ($1.4m), Boys & Girls Club of Northeast Texas Inc ($1.4m) and Childrens Musuem of Brownsville Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $215k (12% of expenses). Other salaries and wages came to $627k. At year end it held assets of $3.3m against liabilities of $1.4m, net assets of $1.9m. It reported 33 employees.