Metropolitan Young Mens Christian Association

Analysis

Metropolitan Young Mens Christian Association is a registered charity in United States, based in Fort Wayne, 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, Metropolitan Young Mens Christian Association reported income of $29.7m and spending of $29.8m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $28.6m to $29.7m (+3.7%), an average of +0.9% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Metropolitan Young Mens Christian Association sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IN. Charities of a similar size with the same main cause include James Barry-Robinson Institute ($29.7m), National Diaper Bank Network ($29.7m) and United Lutheran Program for the Aging Inc ($29.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $481k (1.6% of expenses). Other salaries and wages came to $12.6m. At year end it held assets of $60.7m against liabilities of $3.8m, net assets of $56.9m. It reported 1,888 employees.