Young Mens Christian Association of Kankakee Ill

Analysis

Young Mens Christian Association of Kankakee Ill is a registered charity in United States, based in Kankakee, IL. It received its IRS tax-exemption ruling in October 1944, 82 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) 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 Kankakee Ill reported income of $3.5m and spending of $3.5m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $3.5m (+68%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 100% 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 Kankakee Ill sits at the 90th percentile: it is larger than about 90% 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 Appraisal Foundation ($3.5m), Nashville Entrepreneur Center ($3.5m) and Cambridge Family YMCA ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.4% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $104k (3.0% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $3.8m against liabilities of $386k, net assets of $3.4m. It reported 281 employees.