Illinois Area YMCA

Analysis

Illinois Area YMCA is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in March 1948, 78 years ago. 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, Illinois Area YMCA reported income of $86k and spending of $139k, spending 161% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $156k to $86k (-45%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 183%. Over the whole period it spent 120% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Illinois Area YMCA sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within IL. Charities of a similar size with the same main cause include Little League Baseball Inc ($86k), Southern Municipal Conference ($86k) and Evangelical and Reformed Historical Society ($86k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.3% of the total. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m.