Young Mens Christian Association of Freeport Illinois

Analysis

Young Mens Christian Association of Freeport Illinois is a registered charity in United States, based in Freeport, IL. It received its IRS tax-exemption ruling in February 1973, 53 years ago. 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, Young Mens Christian Association of Freeport Illinois reported income of $3.4m and spending of $3.3m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $3.4m (+51%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Young Mens Christian Association of Freeport Illinois sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include American College of Mohs Surgery Inc ($3.4m), Boy Scouts of America ($3.4m) and State Center Community College Foundation ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 73% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $3.7m against liabilities of $4,812, net assets of $3.7m. It reported 226 employees.