Boys and Girls Clubs of Snohomish County

Analysis

Boys and Girls Clubs of Snohomish County is a registered charity in United States, based in Everett, WA. It received its IRS tax-exemption ruling in April 1986, 40 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 Clubs of Snohomish County reported income of $23.8m and spending of $17.8m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $16.6m to $23.8m (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 77% 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 Clubs of Snohomish 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 97th percentile, and in the 98th percentile within WA. Charities of a similar size with the same main cause include Seeding Success ($23.6m), Boys and Girls Clubs of Boston Inc ($24.0m) and Tulsa Educare Inc ($23.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $706k (4.0% of expenses). Other salaries and wages came to $8.5m. At year end it held assets of $53.7m against liabilities of $3.7m, net assets of $50.0m. It reported 480 employees.