Ys Mens Club of Torrance California

Analysis

Ys Mens Club of Torrance California is a registered charity in United States, based in Torrance, CA. It received its IRS tax-exemption ruling in May 1995, 31 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 June 2024, Ys Mens Club of Torrance California reported income of $90k and spending of $97k, spending 108% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $106k to $90k (-15%), an average of -15% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ys Mens Club of Torrance California sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Flatout Without Limits ($90k), Society for the Advancement of Gerontological Environments ($90k) and Operation Helping Hands ($90k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 96% of the total. At year end it held assets of $99k against liabilities of $0, net assets of $99k.