Boys and Girls Clubs of King County

Analysis

Boys and Girls Clubs of King County is a registered charity in United States, based in Tukwila, WA. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 and Girls Clubs of King County reported income of $26.7m and spending of $26.5m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.9m to $26.7m (+34%), an average of +7.6% a year. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Boys and Girls Clubs of King County 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 WA. Charities of a similar size with the same main cause include River Parks Authority ($26.4m), East Carolina University Educational Foundation Inc ($26.7m) and Toastmasters International ($26.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $442k (1.7% of expenses). Other salaries and wages came to $13.2m. At year end it held assets of $59.3m against liabilities of $6.2m, net assets of $53.1m. It reported 641 employees.