Boys and Girls Club of Ventura Inc

Analysis

Boys and Girls Club of Ventura Inc is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in May 1965, 61 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 (gross receipts test) 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 Ventura Inc reported income of $2.4m and spending of $1.6m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.4m (+57%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 89%. Over the whole period it spent 93% 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 Ventura Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Friends of the Children Seattle ($2.4m), Boys and Girls Club of Greater Flint ($2.4m) and Passport Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.5% of the total. Other salaries and wages came to $794k. At year end it held assets of $3.4m against liabilities of $129k, net assets of $3.3m.