Young Mens Christian Association

Analysis

Young Mens Christian Association is a registered charity in United States, based in Titusville, PA. It received its IRS tax-exemption ruling in October 1942, 84 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 December 2023, Young Mens Christian Association reported income of $1.3m and spending of $1.5m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.3m (+8.1%), an average of +2.0% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Young Mens Christian Association sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within PA. Charities of a similar size with the same main cause include United Way of Florence County ($1.3m), Susquehanna Regional Transportation Partnership Inc ($1.3m) and Habitat for Humanity International Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $77k (5.2% of expenses). Other salaries and wages came to $674k. At year end it held assets of $3.7m against liabilities of $520k, net assets of $3.2m. It reported 73 employees.