Hollidaysburg Area Young Mens Christian Association

Analysis

Hollidaysburg Area Young Mens Christian Association is a registered charity in United States, based in Hollidaysburg, PA. It received its IRS tax-exemption ruling in February 1943, 83 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, Hollidaysburg Area Young Mens Christian Association reported income of $4.1m and spending of $3.8m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $4.1m (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hollidaysburg 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 PA. Charities of a similar size with the same main cause include Greg Hill Foundation ($4.1m), Abused & Homeless Childrens Refuge ($4.1m) and New York Foundation for Senior Citizens Guardian Services Inc ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $97k (2.5% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $8.9m against liabilities of $1.2m, net assets of $7.6m. It reported 238 employees.