YMCA of Central Stark County

Analysis

YMCA of Central Stark County is a registered charity in United States, based in Canton, OH. It received its IRS tax-exemption ruling in September 1937, 89 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, YMCA of Central Stark County reported income of $24.4m and spending of $22.0m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $20.6m to $24.4m (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, YMCA of Central Stark County sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include Bethanna ($24.4m), International Institute of Metropolitan St Louis ($24.4m) and Trinity Woods Inc ($24.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $443k (2.0% of expenses). Other salaries and wages came to $10.3m. At year end it held assets of $60.8m against liabilities of $2.0m, net assets of $58.8m. It reported 1,561 employees.