YMCA of the Northern Sky Foundation

Analysis

YMCA of the Northern Sky Foundation is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in August 1976, 50 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 September 2023, YMCA of the Northern Sky Foundation reported income of $558k and spending of $167k, leaving 70% of income unspent that year. Across the 4 years on record, from September 2019 to September 2023, income grew from $199k to $558k (+180%), an average of +41% a year. The sharpest change came in the year to September 2021, when income rose by 796%. Over the whole period it spent 18% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, YMCA of the Northern Sky Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within ND. Charities of a similar size with the same main cause include Good Will Fire Company No 1 of Minersville ($558k), Little League Baseball Inc ($559k) and Springfield Center for Independent Living Inc ($558k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $4.1m against liabilities of $0, net assets of $4.1m.