Boys and Girls Club of Hollywood Foundation

Analysis

Boys and Girls Club of Hollywood Foundation is a registered charity in United States, based in Hollywood, CA. It received its IRS tax-exemption ruling in February 1980, 46 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 Hollywood Foundation reported income of $186k and spending of $232k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $71k to $186k (+161%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 120%. Over the whole period it spent 182% 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 Hollywood Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Middleman Skateboard Ministries Inc ($186k), Boys and Girls Club of Malvern & Hot Spring County Inc ($186k) and Copiague Youth Leagues Inc ($185k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.