The Young Mens Christian Association of Wayne County

Analysis

The Young Mens Christian Association of Wayne County is a registered charity in United States, based in Wooster, OH. It received its IRS tax-exemption ruling in February 1956, 70 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, The Young Mens Christian Association of Wayne County reported income of $3.5m and spending of $3.5m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $3.5m (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2022, when income rose by 29%. 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, The Young Mens Christian Association of Wayne County sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within OH. Charities of a similar size with the same main cause include Franciscan Workers of Junipero Serra ($3.5m), Emanate Health Hospice ($3.5m) and Kiss the Ground ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $225k (6.5% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $3.9m against liabilities of $758k, net assets of $3.2m. It reported 336 employees.