Two Rivers YMCA Inc

Analysis

Two Rivers YMCA Inc is a registered charity in United States, based in Moline, IL. It received its IRS tax-exemption ruling in July 1942, 84 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, Two Rivers YMCA Inc reported income of $8.7m and spending of $8.8m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.2m to $8.7m (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2020, when income rose by 44%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Two Rivers YMCA Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include Lake Country Christian School ($8.7m), Merakey Chester County ($8.7m) and Foothill AIDS Project ($8.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $231k (2.6% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $31.1m against liabilities of $6.0m, net assets of $25.2m. It reported 445 employees.