Boys & Girls Clubs of the Valley Inc

Analysis

Boys & Girls Clubs of the Valley Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in November 1986, 40 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 June 2023, Boys & Girls Clubs of the Valley Inc reported income of $28.1m and spending of $29.1m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.1m to $28.1m (+246%), an average of +36% a year. The sharpest change came in the year to June 2020, when income rose by 506%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boys & Girls Clubs of the Valley 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 97th percentile within AZ. Charities of a similar size with the same main cause include International Institute for Applied Systems Analysis ($28.1m), Le Jardin Academy Inc ($28.1m) and Alternatives for Children ($28.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $725k (2.5% of expenses). Other salaries and wages came to $13.6m. It paid $295k in professional fundraising fees. At year end it held assets of $62.4m against liabilities of $4.1m, net assets of $58.2m. It reported 794 employees.