The Young Mens Christian Association of Greater Toledo

Analysis

The Young Mens Christian Association of Greater Toledo is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in November 1944, 82 years ago. 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, The Young Mens Christian Association of Greater Toledo reported income of $31.4m and spending of $27.5m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $28.0m to $31.4m (+12%), an average of +2.9% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Young Mens Christian Association of Greater Toledo 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 American Training Inc ($31.3m), Kidspeace Childrens Hospital Inc ($31.4m) and Glenn Catholic Senior Communities Inc ($31.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $660k (2.4% of expenses). Other salaries and wages came to $12.5m. At year end it held assets of $49.1m against liabilities of $19.1m, net assets of $30.0m. It reported 1,707 employees.