Boys & Girls Clubs of Southcentral Alaska

Analysis

Boys & Girls Clubs of Southcentral Alaska is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in March 1966, 60 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 & Girls Clubs of Southcentral Alaska reported income of $10.0m and spending of $13.5m, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.1m to $10.0m (+9.6%), an average of +2.3% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 114% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boys & Girls Clubs of Southcentral Alaska sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within AK. Charities of a similar size with the same main cause include Community Passageways ($10.0m), Thread Inc ($10.0m) and Kids Are First ($9.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $574k (4.2% of expenses). Other salaries and wages came to $8.0m. At year end it held assets of $5.8m against liabilities of $1.3m, net assets of $4.5m. It reported 309 employees.