Alexandria Area Young Mens Christian Association

Analysis

Alexandria Area Young Mens Christian Association is a registered charity in United States, based in Alexandria, MN. It received its IRS tax-exemption ruling in October 2005, 21 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, Alexandria Area Young Mens Christian Association reported income of $4.2m and spending of $4.0m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $4.2m (+35%), an average of +7.9% a year. The sharpest change came in the year to December 2022, when income rose by 26%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alexandria Area Young Mens Christian Association sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MN. Charities of a similar size with the same main cause include Matt Talbot Kitchen & Outreach Inc ($4.2m), Hawaii Ag and Culinary Alliance ($4.2m) and Trinity United Church of Christ Child Care Centers Inc ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $119k (3.0% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $9.2m against liabilities of $857k, net assets of $8.3m. It reported 203 employees.