Boys & Girls Club of Greater Holland Foundation

Analysis

Boys & Girls Club of Greater Holland Foundation is a registered charity in United States, based in Holland, MI. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a supporting organisation (type iii other) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Boys & Girls Club of Greater Holland Foundation reported income of $137k and spending of $153k, spending 111% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income fell from $181k to $137k (-24%), an average of -24% a year. The sharpest change came in the year to August 2023, when income dropped by 24%. Over the whole period it spent 50% 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 Greater Holland Foundation sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within MI. Charities of a similar size with the same main cause include Frank Lentz Foundation Ltd ($137k), Cedar Falls Tiger Booster Club ($137k) and Boys & Girls Clubs of Northwest San Diego County Foundation ($137k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 8.7% of the total. At year end it held assets of $5.5m against liabilities of $0, net assets of $5.5m.