Licking County YMCA Foundation

Analysis

Licking County YMCA Foundation is a registered charity in United States, based in Newark, OH. It received its IRS tax-exemption ruling in September 1986, 40 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, Licking County YMCA Foundation reported income of $229k and spending of $256k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $235k to $229k (-2.5%), an average of -0.6% a year. The sharpest change came in the year to December 2020, when income dropped by 15%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Licking County YMCA Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within OH. Charities of a similar size with the same main cause include Kings Canyon Educational Partnership Foundation ($229k), Fairfax Choral Society Inc ($229k) and Saunders Volunteer Fire Company Inc ($229k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.