Boys & Girls Clubs of the Lakelands Region

Analysis

Boys & Girls Clubs of the Lakelands Region is a registered charity in United States, based in Greenwwod, SC. It received its IRS tax-exemption ruling in March 2022, 4 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 (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 Lakelands Region reported income of $779k and spending of $861k, spending 111% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $682k to $779k (+14%), an average of +14% a year. Over the whole period it spent 104% 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 Clubs of the Lakelands Region sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within SC. Charities of a similar size with the same main cause include Alabama Future Farmers of America Foundation ($779k), Berks Soccer Academy Inc ($779k) and Concord Youth Soccer Inc ($778k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $81k (9.4% of expenses). Other salaries and wages came to $298k. At year end it held assets of $1.8m against liabilities of $38k, net assets of $1.7m. It reported 38 employees.