Boys and Girls Clubs of Skagit County

Analysis

Boys and Girls Clubs of Skagit County is a registered charity in United States, based in Mount Vernon, WA. It received its IRS tax-exemption ruling in April 1995, 31 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 Skagit County reported income of $5.3m and spending of $4.7m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $5.3m (+123%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 83% 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 Skagit County sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within WA. Charities of a similar size with the same main cause include Girl Scouts Dakota Horizons Inc ($5.3m), Gateway Woods Family Services Inc ($5.3m) and Aim High PDX ($5.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 8.4% of the total. Compensation of current officers, directors and key employees was $198k (4.2% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $5.0m against liabilities of $317k, net assets of $4.7m. It reported 133 employees.