Young Mens Christian Association of Southwestern Indiana Inc

Analysis

Young Mens Christian Association of Southwestern Indiana Inc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in October 1942, 84 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 Southwestern Indiana Inc reported income of $13.5m and spending of $11.9m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.3m to $13.5m (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2021, when income rose by 106%. Over the whole period it spent 90% 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 Southwestern Indiana Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IN. Charities of a similar size with the same main cause include Green Mountain Support Services Inc ($13.5m), Bucks County Opportunity Council Inc ($13.5m) and Park Place Christian Community of ($13.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $468k (3.9% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $47.7m against liabilities of $15.7m, net assets of $31.9m. It reported 1,005 employees.