Boys & Girls Club of the Peninsula

Analysis

Boys & Girls Club of the Peninsula is a registered charity in United States, based in Menlo Park, CA. It received its IRS tax-exemption ruling in January 1964, 62 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 June 2023, Boys & Girls Club of the Peninsula reported income of $26.9m and spending of $28.7m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $15.6m to $26.9m (+73%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 59%. Over the whole period it spent 84% 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 the Peninsula sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Boys and Girls Club of Truckee Meadows ($26.8m), Boys and Girls Clubs of Palm Beach County Inc ($28.8m) and Future Farmers of America State Associations & Local Chapter ($26.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $1.8m (6.1% of expenses). Other salaries and wages came to $15.2m. At year end it held assets of $54.4m against liabilities of $3.5m, net assets of $50.8m. It reported 498 employees.