Ashtabula County Family YMCA

Analysis

Ashtabula County Family YMCA is a registered charity in United States, based in Ashtabula, OH. It received its IRS tax-exemption ruling in July 1942, 84 years ago. 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, Ashtabula County Family YMCA reported income of $1.8m and spending of $1.6m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.8m (+24%), an average of +5.4% a year. The sharpest change came in the year to December 2022, when income rose by 16%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ashtabula County Family YMCA sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within OH. Charities of a similar size with the same main cause include A Better Wisconsin Together Institute Inc ($1.8m), Miracle Land Korean Baptist Church ($1.8m) and Community Shares of Wisconsin Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $104k (6.3% of expenses). Other salaries and wages came to $720k. At year end it held assets of $2.9m against liabilities of $144k, net assets of $2.7m. It reported 123 employees.