Boys and Girls Club of Magic Valley Inc

Analysis

Boys and Girls Club of Magic Valley Inc is a registered charity in United States, based in Twin Falls, ID. It received its IRS tax-exemption ruling in April 1993, 33 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 and Girls Club of Magic Valley Inc reported income of $4.1m and spending of $3.8m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $4.1m (+59%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 78% 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 Club of Magic Valley Inc 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 93rd percentile within ID. Charities of a similar size with the same main cause include Challenge Soccer Club ($4.1m), Youth for Christ USA Inc ($4.2m) and Girl Scouts of Northern Indiana Michiana Inc ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $7.3m against liabilities of $102k, net assets of $7.2m. It reported 218 employees.