Young Mens Christian Association of Lafayette

Analysis

Young Mens Christian Association of Lafayette is a registered charity in United States, based in Lafayette, IN. It received its IRS tax-exemption ruling in September 1943, 83 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 Lafayette reported income of $5.7m and spending of $7.2m, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.4m to $5.7m (+6.8%), an average of +1.7% a year. Over the whole period it spent 112% 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 Lafayette sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IN. Charities of a similar size with the same main cause include White Center Emergency Food Association ($5.7m), Fulmont Community Action Agency Inc ($5.7m) and Innovation Depot Inc ($5.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.1% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $200k (2.8% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $22.7m against liabilities of $9.3m, net assets of $13.4m. It reported 353 employees.