Young Mens Christian Association of Kokomo Inc

Analysis

Young Mens Christian Association of Kokomo Inc is a registered charity in United States, based in Kokomo, IN. It received its IRS tax-exemption ruling in December 1937, 89 years ago. 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 Kokomo Inc reported income of $4.7m and spending of $4.3m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.3m to $4.7m (+8.5%), an average of +2.1% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 97% 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 Kokomo Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IN. Charities of a similar size with the same main cause include College Properties of Lorain County Inc ($4.7m), New Britain Institute ($4.7m) and Purple Maia Foundation ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 62% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $17.6m against liabilities of $3.7m, net assets of $13.9m. It reported 241 employees.