Young Mens Christian Association of Monroe County Inc

Analysis

Young Mens Christian Association of Monroe County Inc is a registered charity in United States, based in Bloomington, IN. It received its IRS tax-exemption ruling in November 1977, 49 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 Monroe County Inc reported income of $5.5m and spending of $6.1m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.2m to $5.5m (-11%), an average of -2.8% a year. The sharpest change came in the year to December 2020, when income dropped by 25%. Over the whole period it spent 105% 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 Monroe County Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IN. Charities of a similar size with the same main cause include Central Mississippi Health Services Inc ($5.5m), St Rita School for the Deaf ($5.5m) and San Joaquin College of Law ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.3% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $317k (5.2% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $22.5m against liabilities of $2.1m, net assets of $20.4m. It reported 489 employees.