Young Mens Christian Association of Muncie Indiana

Analysis

Young Mens Christian Association of Muncie Indiana is a registered charity in United States, based in Muncie, IN. It received its IRS tax-exemption ruling in August 1936, 90 years ago. 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 Muncie Indiana reported income of $16.2m and spending of $8.8m, leaving 46% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $5.1m to $16.2m (+221%), an average of +48% a year. The sharpest change came in the year to December 2021, when income rose by 303%. Over the whole period it spent 55% 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 Muncie Indiana sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IN. Charities of a similar size with the same main cause include The Center for Investigative Reporting ($16.2m), Rubicon Programs Inc ($16.2m) and Rappahannock Area YMCA Inc ($16.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 41% of the total. Other salaries and wages came to $4.4m. At year end it held assets of $36.3m against liabilities of $1.5m, net assets of $34.9m. It reported 610 employees.