Wabash County Young Mens Christian Association Inc

Analysis

Wabash County Young Mens Christian Association Inc is a registered charity in United States, based in Wabash, IN. It received its IRS tax-exemption ruling in July 1953, 73 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, Wabash County Young Mens Christian Association Inc reported income of $3.9m and spending of $3.5m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $3.9m (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2023, when income rose by 38%. 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, Wabash County Young Mens Christian Association Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within IN. Charities of a similar size with the same main cause include Edgewood Campus School Inc ($3.9m), Center for Policy Research ($3.9m) and Boys & Girls Clubs in Indiana Inc ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 28% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $12.9m against liabilities of $116k, net assets of $12.8m. It reported 159 employees.