YMCA of Steuben County Inc

Analysis

YMCA of Steuben County Inc is a registered charity in United States, based in Angola, IN. It received its IRS tax-exemption ruling in May 1997, 29 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, YMCA of Steuben County Inc reported income of $1.4m and spending of $1.7m, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.4m (+9.8%), an average of +2.4% a year. Over the whole period it spent 114% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, YMCA of Steuben County Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within IN. Charities of a similar size with the same main cause include Charles House Association ($1.4m), Yedidim USA Inc ($1.4m) and Waco Child Care Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $79k (4.7% of expenses). Other salaries and wages came to $551k. At year end it held assets of $4.8m against liabilities of $127k, net assets of $4.7m. It reported 224 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.