Young Mens Christian Association of Van Wert County Ohio

Analysis

Young Mens Christian Association of Van Wert County Ohio is a registered charity in United States, based in Van Wert, OH. It received its IRS tax-exemption ruling in December 1963, 63 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, Young Mens Christian Association of Van Wert County Ohio reported income of $1.4m and spending of $1.3m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $996k to $1.4m (+42%), an average of +9.1% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Young Mens Christian Association of Van Wert County Ohio sits at the 81st percentile: it is larger than about 81% 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 Christamore House Inc ($1.4m), Hillel the Foundation for Jewish Campus Life ($1.4m) and Habitat for Humanity International Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $84k (6.7% of expenses). Other salaries and wages came to $490k. At year end it held assets of $5.8m against liabilities of $409k, net assets of $5.4m. It reported 72 employees.