YMCA of Greater Cleveland

Analysis

YMCA of Greater Cleveland is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in February 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 (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, YMCA of Greater Cleveland reported income of $27.7m and spending of $28.5m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $25.3m to $27.7m (+9.4%), an average of +2.3% a year. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, YMCA of Greater Cleveland sits at the 98th percentile: it is larger than about 98% 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 Dakota Boys and Girls Ranch ($27.7m), Second Harvest Food Bank Santa Cruz County ($27.7m) and Advocates for Mentally Ill Housing Inc ($27.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $444k (1.6% of expenses). Other salaries and wages came to $12.1m. At year end it held assets of $48.4m against liabilities of $14.6m, net assets of $33.7m. It reported 1,132 employees.