Boys and Girls Clubs of the San Luis Valley Inc

Analysis

Boys and Girls Clubs of the San Luis Valley Inc is a registered charity in United States, based in Alamosa, CO. It received its IRS tax-exemption ruling in July 1993, 33 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 Clubs of the San Luis Valley Inc reported income of $3.8m and spending of $2.6m, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $724k to $3.8m (+418%), an average of +51% a year. The sharpest change came in the year to December 2020, when income rose by 126%. Over the whole period it spent 71% 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 Clubs of the San Luis Valley Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CO. Charities of a similar size with the same main cause include Oconnell Childrens Shelter Inc ($3.7m), Californians Dedicated to Education Foundation ($3.8m) and Friends of the Children - Southwest Washington - Swwa ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $136k (5.2% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $6.0m against liabilities of $1.0m, net assets of $4.9m. It reported 88 employees.