Miami County YMCA

Analysis

Miami County YMCA is a registered charity in United States, based in Piqua, OH. It received its IRS tax-exemption ruling in March 1943, 83 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, Miami County YMCA reported income of $6.7m and spending of $11.9m, spending 179% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $6.7m (+91%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 177%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Miami County YMCA sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within OH. Charities of a similar size with the same main cause include Arc Fayette ($6.7m), Specialized Alternatives for Families and Youth of Nevada Inc ($6.7m) and Reaching Maximum Independence Inc ($6.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $181k (1.5% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $25.5m against liabilities of $382k, net assets of $25.2m. It reported 355 employees.