Wallick Ford and Dora Trust Fbo the YMCA of Miami County and Mancheste

Analysis

Wallick Ford and Dora Trust Fbo the YMCA of Miami County and Mancheste is a registered charity in United States, based in Richmond, IN. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wallick Ford and Dora Trust Fbo the YMCA of Miami County and Mancheste reported income of $163k and spending of $229k, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $124k to $163k (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2021, when income rose by 105%. Over the whole period it spent 165% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Wallick Ford and Dora Trust Fbo the YMCA of Miami County and Mancheste sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within IN. Charities of a similar size with the same main cause include Torch Foundation ($162k), Fairfield Public Library Foundation Inc ($163k) and MCF Supporting Organization Fund ($162k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% of the total. Compensation of current officers, directors and key employees was $15k (6.5% of expenses). At year end it held assets of $3.3m against liabilities of $0, net assets of $3.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.