Union Gospel Mission of Yakima Wash

Analysis

Union Gospel Mission of Yakima Wash is a registered charity in United States, based in Yakima, WA. It received its IRS tax-exemption ruling in February 1957, 69 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Union Gospel Mission of Yakima Wash reported income of $14.9m and spending of $15.1m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $6.1m to $14.9m (+142%), an average of +34% a year. The sharpest change came in the year to June 2021, when income rose by 74%. 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, Union Gospel Mission of Yakima Wash sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within WA. Charities of a similar size with the same main cause include Memphis Health Center Inc ($14.9m), Wal-Mart Associates in Critical Need Fund ($14.9m) and Cascade Housing Association ($14.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $167k (1.1% of expenses). Other salaries and wages came to $5.4m. It paid $361k in professional fundraising fees. At year end it held assets of $15.0m against liabilities of $4.1m, net assets of $11.0m. It reported 225 employees.