Young Mens Christian Association of Ashland Ohio

Analysis

Young Mens Christian Association of Ashland Ohio is a registered charity in United States, based in Ashland, OH. It received its IRS tax-exemption ruling in March 1957, 69 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, Young Mens Christian Association of Ashland Ohio reported income of $1.5m and spending of $1.5m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.5m (+0.7%), an average of +0.2% a year. The sharpest change came in the year to December 2022, when income rose by 208%. Over the whole period it spent 64% 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 of Ashland Ohio sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within OH. Charities of a similar size with the same main cause include Street Corner Resource ($1.5m), Family Advocacy Center Andeducation Services - Inc ($1.5m) and Shalom Farms ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $68k (4.6% of expenses). Other salaries and wages came to $710k. At year end it held assets of $7.4m against liabilities of $27k, net assets of $7.4m. It reported 172 employees.