YMCA of Collier County Inc

Analysis

YMCA of Collier County Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in August 1971, 55 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, YMCA of Collier County Inc reported income of $9.4m and spending of $8.3m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.4m to $9.4m (+115%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 50%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, YMCA of Collier County Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Resources for Seniors ($9.4m), Intermountain Deaconess Childrens Services ($9.4m) and Eye to Eye Inc ($9.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $278k (3.4% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $19.0m against liabilities of $3.2m, net assets of $15.8m. It reported 330 employees.