Young Mens Christian Association

Analysis

Young Mens Christian Association is a registered charity in United States, based in Mansfield, OH. It received its IRS tax-exemption ruling in August 1942, 84 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 reported income of $10.7m and spending of $7.3m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.8m to $10.7m (+123%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 84% 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 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 Bergen Basin Commmunity Development Corporation ($10.7m), Center for Civilians in Conflict ($10.7m) and Choice of New Rochelle Inc ($10.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $242k (3.3% of expenses). Other salaries and wages came to $3.2m. It paid $215k in professional fundraising fees. At year end it held assets of $15.5m against liabilities of $700k, net assets of $14.8m. It reported 410 employees.