Young Mens Christian Association of the Wabash Valley Inc
Analysis
Young Mens Christian Association of the Wabash Valley Inc is a registered charity in United States, based in Brazil, IN. It received its IRS tax-exemption ruling in August 1945, 81 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, Young Mens Christian Association of the Wabash Valley Inc reported income of $2.7m and spending of $2.6m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $2.7m (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2021, when income rose by 75%. 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 the Wabash Valley Inc sits at the 87th percentile: it is larger than about 87% 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 Saratoga Center for the Family ($2.7m), The Galloway School ($2.7m) and Boy Scouts of America ($2.7m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 79% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $2.3m against liabilities of $62k, net assets of $2.3m. It reported 306 employees.
Income and spending
Where the income comes from
- Contributions & grants 19%
- Program services 79%
- Other 2.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Saratoga Center for the Family | Saratoga SPGS | $2.7m |
| The Galloway School | Friendswood | $2.7m |
| Boy Scouts of America | Honolulu | $2.7m |
| Nora School | Silver Spring | $2.7m |