Daviess County Family YMCA Inc

Analysis

Daviess County Family YMCA Inc is a registered charity in United States, based in Washington, IN. It received its IRS tax-exemption ruling in July 1953, 73 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, Daviess County Family YMCA Inc reported income of $1.2m and spending of $830k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $665k to $1.2m (+76%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Daviess County Family YMCA Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within IN. Charities of a similar size with the same main cause include Open Arms Home for Children Inc ($1.2m), Childrens Home & Aid Society Foundation ($1.2m) and Church of the Saviour Early Learning Center ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $44k (5.3% of expenses). Other salaries and wages came to $383k. At year end it held assets of $1.6m against liabilities of $4,165, net assets of $1.6m. It reported 86 employees.