Licking County Family YMCA

Analysis

Licking County Family YMCA is a registered charity in United States, based in Newark, OH. It received its IRS tax-exemption ruling in December 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 (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 Family YMCA reported income of $10.5m and spending of $10.3m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.4m to $10.5m (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Licking County Family YMCA sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within OH. Charities of a similar size with the same main cause include Jewish Family Services of Western New York ($10.5m), Food Bank of Northeast Louisiana Inc ($10.5m) and Operation Sack Lunch ($10.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $4.4m (43% of expenses). At year end it held assets of $17.3m against liabilities of $480k, net assets of $16.9m. It reported 638 employees.