Boys and Girls Clubs of Long Beach

Analysis

Boys and Girls Clubs of Long Beach is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in February 1945, 81 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 and Girls Clubs of Long Beach reported income of $5.9m and spending of $4.4m, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $5.9m (+104%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 48%. Over the whole period it spent 82% 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 Clubs of Long Beach sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Just in Time for Foster Youth ($5.9m), Kansas 4-H Foundation Inc ($6.0m) and Siff ($5.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $364k (8.2% of expenses). Other salaries and wages came to $1.9m. It paid $30k in professional fundraising fees. At year end it held assets of $7.1m against liabilities of $613k, net assets of $6.5m. It reported 98 employees.