YMCA

Analysis

YMCA is a registered charity in United States, based in York, PA. It received its IRS tax-exemption ruling in September 1942, 84 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, YMCA reported income of $14.6m and spending of $14.1m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.4m to $14.6m (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2022, when income rose by 46%. 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, YMCA 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 PA. Charities of a similar size with the same main cause include Educare DC ($14.6m), Springs Rescue Mission ($14.7m) and Centennial Housing & Community Services Corporation ($14.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $377k (2.7% of expenses). Other salaries and wages came to $6.0m. At year end it held assets of $48.8m against liabilities of $9.5m, net assets of $39.3m. It reported 748 employees.