Boys & Girls Club of San Marcos

Analysis

Boys & Girls Club of San Marcos is a registered charity in United States, based in San Marcos, CA. It received its IRS tax-exemption ruling in June 1982, 44 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 June 2023, Boys & Girls Club of San Marcos reported income of $4.9m and spending of $4.6m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $4.9m (+109%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 57%. Over the whole period it spent 82% 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 San Marcos sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Feed the Hunger Inc ($4.9m), Inland Congregation United for Change Sponsoring Committee Inc ($4.9m) and Howell Township Police Athletic League Inc ($4.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $166k (3.6% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $5.5m against liabilities of $346k, net assets of $5.1m. It reported 151 employees.