Southeastern Indiana YMCA Inc

Analysis

Southeastern Indiana YMCA Inc is a registered charity in United States, based in Batesville, IN. It received its IRS tax-exemption ruling in May 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Southeastern Indiana YMCA Inc reported income of $3.2m and spending of $2.9m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $3.2m (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2021, when income rose by 28%. 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, Southeastern Indiana YMCA Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within IN. Charities of a similar size with the same main cause include Acme Providers Inc ($3.2m), Care Givers of New Jersey Inc ($3.2m) and Opportunity for Independence ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $228k (8.0% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $4.0m against liabilities of $0, net assets of $4.0m. It reported 142 employees.