Boys and Girls Clubs of Metro Denver Inc

Analysis

Boys and Girls Clubs of Metro Denver Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 1963, 63 years ago. 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 September 2023, Boys and Girls Clubs of Metro Denver Inc reported income of $24.8m and spending of $21.8m, spending 88% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $17.1m to $24.8m (+45%), an average of +9.8% a year. The sharpest change came in the year to September 2020, when income rose by 51%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boys and Girls Clubs of Metro Denver Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CO. Charities of a similar size with the same main cause include National Museum of Women in the Arts Inc ($24.8m), Holland Christian Education Society ($24.8m) and Family Services Inc ($24.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 57% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $535k (2.5% of expenses). Other salaries and wages came to $9.8m. It paid $798k in professional fundraising fees. At year end it held assets of $73.4m against liabilities of $3.1m, net assets of $70.4m. It reported 356 employees.