Young Mens Christian Association

Analysis

Young Mens Christian Association is a registered charity in United States, based in Vincennes, IN. It received its IRS tax-exemption ruling in March 1943, 83 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 reported income of $4.4m and spending of $3.5m, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $4.4m (+63%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 92% 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 sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within IN. Charities of a similar size with the same main cause include Full Life ($4.4m), Far Away Projects ($4.4m) and Culpepper Garden III Inc ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 32% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $6.9m against liabilities of $251k, net assets of $6.6m. It reported 149 employees.