Young Mens Christian Association Lima

Analysis

Young Mens Christian Association Lima is a registered charity in United States, based in Lima, OH. It received its IRS tax-exemption ruling in May 1952, 74 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 Lima reported income of $3.5m and spending of $2.9m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.5m to $3.5m (-2.0%), an average of -0.5% a year. The sharpest change came in the year to December 2023, when income rose by 107%. Over the whole period it spent 80% 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 Lima sits at the 89th percentile: it is larger than about 89% 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 Mayslake Center II NFP ($3.5m), Access Care of Coastal Texas Inc ($3.5m) and United Methodist Open Door Inc ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $135k (4.6% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $9.7m against liabilities of $515k, net assets of $9.2m. It reported 177 employees.