Boys & Girls Club of Albany

Analysis

Boys & Girls Club of Albany is a registered charity in United States, based in Albany, OR. It received its IRS tax-exemption ruling in February 1967, 59 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 Club of Albany reported income of $3.7m and spending of $3.4m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $3.7m (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 86% 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 Club of Albany sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within OR. Charities of a similar size with the same main cause include Detroit Horse Power ($3.7m), Tamid Israel Investment Group Ltd ($3.7m) and Boy Scouts of America ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $176k (5.3% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $13.2m against liabilities of $261k, net assets of $12.9m. It reported 173 employees.