Young Mens Christian Association

Analysis

Young Mens Christian Association is a registered charity in United States, based in Marion, OH. It received its IRS tax-exemption ruling in January 1972, 54 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, Young Mens Christian Association reported income of $4.3m and spending of $3.1m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $4.3m (+68%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 79% 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 sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within OH. Charities of a similar size with the same main cause include Meals on Wheels of the Monterey Peninsula Inc ($4.3m), Elder Care Services Inc ($4.3m) and Lost Angels Childrens Project Inc ($4.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $196k (6.4% of expenses). Other salaries and wages came to $981k. At year end it held assets of $12.2m against liabilities of $1.6m, net assets of $10.6m. It reported 192 employees.