Burlington Area YMCA Inc

Analysis

Burlington Area YMCA Inc is a registered charity in United States, based in Burlington, IA. It received its IRS tax-exemption ruling in September 2006, 20 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, Burlington Area YMCA Inc reported income of $2.7m and spending of $2.8m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $2.7m (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2021, when income rose by 76%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Burlington Area YMCA Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within IA. Charities of a similar size with the same main cause include Foster Kinship ($2.7m), Technology Awareness Group ($2.7m) and East Texas Crisis Center Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $164k (5.8% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $3.5m against liabilities of $327k, net assets of $3.2m. It reported 199 employees.