Chambersburg YMCA

Analysis

Chambersburg YMCA is a registered charity in United States, based in Chambersburg, PA. It received its IRS tax-exemption ruling in April 1975, 51 years ago. 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, Chambersburg YMCA reported income of $3.5m and spending of $3.4m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.4m to $3.5m (+4.5%), an average of +1.1% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chambersburg YMCA sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within PA. Charities of a similar size with the same main cause include The Earth Species Project ($3.5m), Asian American Legal Defense and Education Fund ($3.5m) and The Harford Center Inc ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $192k (5.7% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $10.8m against liabilities of $900k, net assets of $9.9m. It reported 227 employees.