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Miami County Young Mens Christian Association Inc

RegisteredEIN 35-0893512Peru, INPoverty relief
Income$4.2m2023-12
Spending$3.3msame year
Spent / received66%5-year average
Size in its cause89th pctPoverty relief
Exempt since1944Publicly supported organisat
Employees197latest return

Analysis

Miami County Young Mens Christian Association Inc is a registered charity in United States, based in Peru, IN. It received its IRS tax-exemption ruling in October 1944, 82 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, Miami County Young Mens Christian Association Inc reported income of $4.2m and spending of $3.3m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $4.2m (+41%), an average of +9.1% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Miami County Young Mens Christian Association Inc sits at the 89th percentile: it is larger than about 89% 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 Community Leadership and Development Inc ($4.2m), About Fresh Inc ($4.2m) and Golden House Inc ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 31% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $20.1m against liabilities of $11.0m, net assets of $9.0m. It reported 197 employees.

Income and spending

$0$1.1m$2.1m$3.2m$4.2m2019 Income: $3,003,5962019 Spending: $2,056,19020192020 Income: $3,491,8622020 Spending: $1,826,25720202021 Income: $4,151,2552021 Spending: $1,814,13820212022 Income: $3,809,7272022 Spending: $3,433,70020222023 Income: $4,248,6942023 Spending: $3,296,7472023
IncomeSpending

Where the income comes from

  • Contributions & grants 63%
  • Program services 31%
  • Other 6.3%

Similar-sized charities, same cause

CharityLocationIncome
Community Leadership and Development IncBillings$4.2m
About Fresh IncBoston$4.2m
Golden House IncGreen Bay$4.2m
South Bay Childrens Health Center Association IncRedondo Beach$4.3m