Young Mens Christian Association of Central Ohio

Analysis

Young Mens Christian Association of Central Ohio is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in September 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, Young Mens Christian Association of Central Ohio reported income of $62.4m and spending of $63.2m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $57.2m to $62.4m (+9.2%), an average of +2.2% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Young Mens Christian Association of Central Ohio sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include Methodist Childrens Home ($62.3m), Hathaway-Sycamores Child and Family Services ($62.5m) and Covenant Hospice Inc ($62.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $1.0m (1.6% of expenses). Other salaries and wages came to $31.1m. At year end it held assets of $100.7m against liabilities of $14.8m, net assets of $85.9m. It reported 2,066 employees.