Scott County Family YMCA Inc

Analysis

Scott County Family YMCA Inc is a registered charity in United States, based in Scottsburg, IN. It received its IRS tax-exemption ruling in June 1993, 33 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, Scott County Family YMCA Inc reported income of $722k and spending of $588k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $596k to $722k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Scott County Family YMCA Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within IN. Charities of a similar size with the same main cause include New Nearly New Inc ($722k), All Gods Children Daycare NP ($722k) and Lighthouse Academy Palm Beach Inc ($722k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $70k (12% of expenses). Other salaries and wages came to $125k. At year end it held assets of $1.5m against liabilities of $433k, net assets of $1.1m. It reported 41 employees.