Young Mens Christian Association of Attleboro

Analysis

Young Mens Christian Association of Attleboro is a registered charity in United States, based in Attleboro, MA. It received its IRS tax-exemption ruling in February 1947, 79 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, Young Mens Christian Association of Attleboro reported income of $6.3m and spending of $6.6m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.6m to $6.3m (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2021, when income rose by 52%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Young Mens Christian Association of Attleboro 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 93rd percentile, and in the 92nd percentile within MA. Charities of a similar size with the same main cause include Lutheran Social Services of Indiana Inc ($6.3m), Disability Services Inc ($6.3m) and Valparaiso YMCA ($6.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $295k (4.5% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $18.9m against liabilities of $1.7m, net assets of $17.1m. It reported 332 employees.