Young Mens Christian Assoc North Penn

Analysis

Young Mens Christian Assoc North Penn is a registered charity in United States, based in Colmar, PA. It received its IRS tax-exemption ruling in September 1968, 58 years ago. 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, Young Mens Christian Assoc North Penn reported income of $8.3m and spending of $7.4m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.4m to $8.3m (-0.7%), an average of -0.2% a year. The sharpest change came in the year to December 2020, when income dropped by 46%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Young Mens Christian Assoc North Penn sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include The Pottstown Cluster of Religious Communities ($8.3m), Dhic Inc ($8.3m) and Head Start of Yamhill County Inc ($8.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $210k (2.8% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $16.5m against liabilities of $4.0m, net assets of $12.5m. It reported 518 employees.