Bloomsburg Area Young Mens Christian Association

Analysis

Bloomsburg Area Young Mens Christian Association is a registered charity in United States, based in Bloomsburg, PA. It received its IRS tax-exemption ruling in June 1989, 37 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, Bloomsburg Area Young Mens Christian Association reported income of $1.2m and spending of $961k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $798k to $1.2m (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bloomsburg Area Young Mens Christian Association sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within PA. Charities of a similar size with the same main cause include So All May Eat Inc ($1.2m), 3-A Sanitary Standards Inc ($1.2m) and Village of Hope Learning Center ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $89k (9.2% of expenses). Other salaries and wages came to $423k. At year end it held assets of $1.1m against liabilities of $46k, net assets of $1.0m. It reported 68 employees.