Young Mens Christian Association of Grant County Inc

Analysis

Young Mens Christian Association of Grant County Inc is a registered charity in United States, based in Marion, IN. It received its IRS tax-exemption ruling in April 1945, 81 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Grant County Inc reported income of $1.4m and spending of $1.6m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.4m (+3.5%), an average of +0.9% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 104% 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 Grant County Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within IN. Charities of a similar size with the same main cause include Child Care Links Association ($1.4m), Developmental Enrichment Center ($1.4m) and Alabama Family Trust Corporation ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $94k (5.7% of expenses). Other salaries and wages came to $612k. At year end it held assets of $8.1m against liabilities of $1,792, net assets of $8.1m. It reported 158 employees.