Regional Family YMCA of Laurel Highlands

Analysis

Regional Family YMCA of Laurel Highlands is a registered charity in United States, based in Mt Pleasant, PA. It received its IRS tax-exemption ruling in April 1953, 73 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Regional Family YMCA of Laurel Highlands reported income of $912k and spending of $1.1m, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $912k (-15%), an average of -4.1% a year. The sharpest change came in the year to December 2020, when income dropped by 32%. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Regional Family YMCA of Laurel Highlands sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within PA. Charities of a similar size with the same main cause include Ozaukee Family Services ($912k), Italian Senior Citizens Center Inc ($913k) and Santa Barbara Hospice Foundation ($912k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.4% and program service revenue 78% of the total. Other salaries and wages came to $550k. It paid $9,545 in professional fundraising fees. At year end it held assets of $4.7m against liabilities of $15k, net assets of $4.7m. It reported 83 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.