The Lakota Family YMCA

Analysis

The Lakota Family YMCA is a registered charity in United States, based in Liberty TWP, OH. It received its IRS tax-exemption ruling in May 1988, 38 years ago. 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, The Lakota Family YMCA reported income of $3.7m and spending of $3.1m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.3m to $3.7m (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2023, when income rose by 36%. 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, The Lakota Family YMCA sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within OH. Charities of a similar size with the same main cause include Major League Baseball Players Alumni Association ($3.7m), Moravian Homes Inc ($3.7m) and Youth & Opportunity United Inc ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $93k (3.0% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $7.1m against liabilities of $1.0m, net assets of $6.0m. It reported 201 employees.