Wapakoneta Family YMCA

Analysis

Wapakoneta Family YMCA is a registered charity in United States, based in Wapakoneta, OH. It received its IRS tax-exemption ruling in February 1998, 28 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, Wapakoneta Family YMCA reported income of $3.1m and spending of $3.2m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $3.1m (+59%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 16%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wapakoneta Family YMCA sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within OH. Charities of a similar size with the same main cause include Family Services of Southern Wisconsin & Northern Illinois Inc ($3.1m), House of Providence ($3.1m) and Sheep Dog Impact Assistance ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.8% and program service revenue 66% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $13.5m against liabilities of $7.6m, net assets of $5.9m. It reported 196 employees.