Boys and Girls Club of Truckee Meadows

Analysis

Boys and Girls Club of Truckee Meadows is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in January 1977, 49 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 December 2023, Boys and Girls Club of Truckee Meadows reported income of $26.8m and spending of $22.7m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $17.3m to $26.8m (+55%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 39%. Over the whole period it spent 72% 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 Club of Truckee Meadows sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NV. Charities of a similar size with the same main cause include Future Farmers of America State Associations & Local Chapter ($26.3m), Boys & Girls Club of the Peninsula ($26.9m) and Girl Scouts of Central Indiana Inc ($26.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $347k (1.5% of expenses). Other salaries and wages came to $10.9m. At year end it held assets of $75.1m against liabilities of $2.2m, net assets of $73.0m. It reported 864 employees.