Young Mens Christian Assn Westport

Analysis

Young Mens Christian Assn Westport is a registered charity in United States, based in Westport, CT. It received its IRS tax-exemption ruling in March 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 (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, Young Mens Christian Assn Westport reported income of $13.5m and spending of $13.1m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.4m to $13.5m (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Young Mens Christian Assn Westport sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within CT. Charities of a similar size with the same main cause include Imagine Institute ($13.5m), Boone County Senior Citizen Service Corporation ($13.5m) and Marthas Vineyard Community Services Inc ($13.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $510k (3.9% of expenses). Other salaries and wages came to $4.8m. At year end it held assets of $69.1m against liabilities of $16.4m, net assets of $52.7m. It reported 530 employees.