Young Mens Christian Association of Springfield

Analysis

Young Mens Christian Association of Springfield is a registered charity in United States, based in Springfield, OH. It received its IRS tax-exemption ruling in July 1945, 81 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 of Springfield reported income of $1.5m and spending of $1.6m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $1.5m (-5.6%), an average of -1.4% a year. Over the whole period it spent 95% 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 of Springfield sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within OH. Charities of a similar size with the same main cause include American Civil Liberties Union Foundation of Vermont Inc ($1.5m), Kenny Guinn Center for Policy Priorities ($1.5m) and Roy James Rinehart Memorial Foundation ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 83% of the total. Other salaries and wages came to $757k. At year end it held assets of $2.7m against liabilities of $297k, net assets of $2.4m. It reported 149 employees.