Boys & Girls Club of Palm Springs

Analysis

Boys & Girls Club of Palm Springs is a registered charity in United States, based in Palm Springs, CA. It received its IRS tax-exemption ruling in June 1949, 77 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 Club of Palm Springs reported income of $1.7m and spending of $1.7m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.7m (+61%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boys & Girls Club of Palm Springs sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Faith Christian School ($1.7m), Ucca Ukrainian Congress Committee of America ($1.7m) and South Bay Teen Challenge ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $130k (7.9% of expenses). Other salaries and wages came to $563k. At year end it held assets of $8.0m against liabilities of $576k, net assets of $7.4m. It reported 35 employees.