Meadville YMCA

Analysis

Meadville YMCA is a registered charity in United States, based in Meadville, PA. It received its IRS tax-exemption ruling in January 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 December 2023, Meadville YMCA reported income of $3.7m and spending of $3.4m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $3.7m (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Meadville YMCA sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within PA. Charities of a similar size with the same main cause include South Shore Community Service Association ($3.7m), First Love International Ministries ($3.7m) and Shenandoah Valley Community Residences Inc ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $238k (7.0% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $4.3m against liabilities of $521k, net assets of $3.8m. It reported 131 employees.