Young Mens Christian Assn of Madison County Inc

Analysis

Young Mens Christian Assn of Madison County Inc is a registered charity in United States, based in Elwood, IN. It received its IRS tax-exemption ruling in November 1937, 89 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Assn of Madison County Inc reported income of $2.7m and spending of $2.6m, spending 95% of its income. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 142% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Young Mens Christian Assn of Madison County Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within IN. Charities of a similar size with the same main cause include Family Counseling Center of Mobile Inc ($2.7m), Community Residence Corporation ($2.7m) and Meals on Wheels of Contra Costa Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 60% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $513k against liabilities of $307k, net assets of $206k. It reported 295 employees.