Boys & Girls Clubs of Oakland Inc

Analysis

Boys & Girls Clubs of Oakland Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in June 1943, 83 years ago. 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 Oakland Inc reported income of $1.9m and spending of $2.5m, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $1.9m (-4.6%), an average of -1.2% a year. The sharpest change came in the year to December 2021, when income dropped by 28%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boys & Girls Clubs of Oakland Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Pitt Community College Foundation Inc ($1.9m), Vida 180 USA ($1.9m) and Philadelphia Youth Orchestra ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $205k (8.3% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $4.6m against liabilities of $345k, net assets of $4.2m. It reported 38 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.