Young Mens Christian Association of Clearfield

Analysis

Young Mens Christian Association of Clearfield is a registered charity in United States, based in Clearfield, PA. It received its IRS tax-exemption ruling in August 1945, 81 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 June 2023, Young Mens Christian Association of Clearfield reported income of $1.2m and spending of $754k, leaving 38% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.3m to $1.2m (-6.2%), an average of -1.6% a year. The sharpest change came in the year to June 2021, when income rose by 83%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Young Mens Christian Association of Clearfield 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 80th percentile within PA. Charities of a similar size with the same main cause include Centro de Cuidado Diurno Habacuc ($1.2m), Quincy Community Food Bank ($1.2m) and Miller Foundation ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $35k (4.6% of expenses). Other salaries and wages came to $258k. At year end it held assets of $8.5m against liabilities of $52k, net assets of $8.4m. It reported 61 employees.