Tri-County Young Mens Christian Association Inc

Analysis

Tri-County Young Mens Christian Association Inc is a registered charity in United States, based in Ferdinand, IN. It received its IRS tax-exemption ruling in November 2003, 23 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, Tri-County Young Mens Christian Association Inc reported income of $7.7m and spending of $1.6m, leaving 79% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $7.7m (+183%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 513%. Over the whole period it spent 42% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tri-County Young Mens Christian Association Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IN. Charities of a similar size with the same main cause include Bronx House Inc ($7.7m), Community Opportunity Center Non- Profit Housing Corporation ($7.7m) and A Torah Infertility Medium of Exchange ($7.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $80k (5.0% of expenses). Other salaries and wages came to $780k. At year end it held assets of $10.5m against liabilities of $122k, net assets of $10.4m. It reported 142 employees.