Rathbun Lake Area YMCA

Analysis

Rathbun Lake Area YMCA is a registered charity in United States, based in Centerville, IA. It received its IRS tax-exemption ruling in November 2008, 18 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, Rathbun Lake Area YMCA reported income of $454k and spending of $462k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $469k to $454k (-3.2%), an average of -0.8% a year. The sharpest change came in the year to December 2021, when income rose by 110%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rathbun Lake Area YMCA sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within IA. Charities of a similar size with the same main cause include Cypress Adventures ($454k), Fox Families Care ($454k) and Momcology ($454k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 81% of the total. Other salaries and wages came to $205k. At year end it held assets of $636k against liabilities of $152k, net assets of $484k. It reported 56 employees.