Greater Burlington Young Mens Christian Association Inc

Analysis

Greater Burlington Young Mens Christian Association Inc is a registered charity in United States, based in Burlington, VT. It received its IRS tax-exemption ruling in May 1945, 81 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Greater Burlington Young Mens Christian Association Inc reported income of $10.4m and spending of $10.6m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $11.6m to $10.4m (-11%), an average of -2.8% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greater Burlington Young Mens Christian Association Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within VT. Charities of a similar size with the same main cause include Family Building Blocks Inc ($10.4m), Crystal Coast Tournament Inc ($10.4m) and Good Samaritan Independent Living Inc ($10.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $183k (1.7% of expenses). Other salaries and wages came to $5.4m. At year end it held assets of $26.3m against liabilities of $1.9m, net assets of $24.5m. It reported 556 employees.