Boys and Girls Clubs of Thurston County

Analysis

Boys and Girls Clubs of Thurston County is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in January 2002, 24 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 August 2023, Boys and Girls Clubs of Thurston County reported income of $4.2m and spending of $3.6m, spending 86% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.4m to $4.2m (+75%), an average of +15% a year. The sharpest change came in the year to August 2020, when income rose by 32%. Over the whole period it spent 94% 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 Thurston County sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within WA. Charities of a similar size with the same main cause include Youth for Christ USA Inc ($4.2m), Champion Ministries Inc ($4.2m) and Boys and Girls Club of Magic Valley Inc ($4.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 88% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $375k (10% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $4.5m against liabilities of $196k, net assets of $4.3m. It reported 90 employees.