Young Mens Christian Association of Greater Indianapolis

Analysis

Young Mens Christian Association of Greater Indianapolis is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in September 1944, 82 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 Association of Greater Indianapolis reported income of $69.8m and spending of $69.1m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $68.9m to $69.8m (+1.3%), an average of +0.3% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Young Mens Christian Association of Greater Indianapolis sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IN. Charities of a similar size with the same main cause include The Home for Little Wanderers Inc ($69.7m), Consumer Directed Choices ($69.9m) and Youth Consultation Service Inc ($69.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $788k (1.1% of expenses). Other salaries and wages came to $29.8m. At year end it held assets of $177.5m against liabilities of $24.2m, net assets of $153.3m. It reported 3,783 employees.