Young Mens Christian Association of Portage Township Inc

Analysis

Young Mens Christian Association of Portage Township Inc is a registered charity in United States, based in Portage, IN. It received its IRS tax-exemption ruling in January 1978, 48 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 Portage Township Inc reported income of $1.8m and spending of $2.1m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $1.8m (+3.4%), an average of +0.8% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 96% 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 Portage Township Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within IN. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.8m), The Delaware Speech and Hearing Center ($1.8m) and Old Brooklyn Community Development Corp ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $75k (3.6% of expenses). Other salaries and wages came to $750k. At year end it held assets of $4.1m against liabilities of $3.2m, net assets of $977k. It reported 135 employees.