BOYS & GIRLS CLUB OF GREATER LOWELL INC

LOWELL, MA, 01851-1410 (978) 458-4526 Est. 1906 EIN 04-2104396

O21Z - Youth Development 990 - Public charity return 501(c)(3)

www.lbgc.org

Mission

TO INSPIRE AND ENABLE YOUNG PEOPLE, ESPECIALLY THOSE WHO NEED US MOST, TO REALIZE THEIR FULL POTENTIAL AS PRODUCTIVE, RESPONSIBLE AND CARING CITIZENS.

Financials

Total Revenue

$8,811,066

Total Expenses

$3,745,507

Net Assets

$15,719,350

82 employees 522 volunteers

From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve

4.2 years Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 101.9%

Expenses ↑ 9.2%

Revenue Sources

Contributions 93.8% Investment 1.2% Other 5.0%

Expense Breakdown

Program 48.3% Management 33.2% Fundraising 18.5%

Officers & Key Employees (29)

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Grants Received (173)

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Filing History (6 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024	$8,811,066 ↑	$3,745,507	$15,719,350
2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023	$4,365,065 ↑	$3,431,438	$10,913,207
2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022	$3,777,565 ↓	$2,831,759	$9,634,059
2021 990 - Public charity return Jan 1, 2021 to Dec 31, 2021	$5,629,070 ↑	$2,433,456	$9,090,415
2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020	$4,057,377 ↑	$2,118,637	$5,883,123
2018 990 - Public charity return Jan 1, 2018 to Dec 31, 2018	$2,141,077	$1,910,037	$1,562,772