YMCA Foundation of Valparaiso in Inc

Analysis

YMCA Foundation of Valparaiso in Inc is a registered charity in United States, based in Valparaiso, IN. It received its IRS tax-exemption ruling in November 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, YMCA Foundation of Valparaiso in Inc reported income of $57k and spending of $81k, spending 142% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $104k to $57k (-45%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 752%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, YMCA Foundation of Valparaiso in Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within IN. Charities of a similar size with the same main cause include Toby House IV Inc ($57k), Friends of Camp Celo Inc ($57k) and Brandywine Lions Charities Foundation Inc ($57k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.