YMCA of Rock River Valley

Analysis

YMCA of Rock River Valley is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in March 1965, 61 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, YMCA of Rock River Valley reported income of $14.8m and spending of $16.2m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.4m to $14.8m (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2021, when income rose by 76%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, YMCA of Rock River Valley sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IL. Charities of a similar size with the same main cause include The Food Bank of the Golden Crescent ($14.7m), In Flight Inc ($14.8m) and Martha Lloyd Community Residential Facility Inc ($14.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $555k (3.4% of expenses). Other salaries and wages came to $7.6m. At year end it held assets of $31.8m against liabilities of $10.9m, net assets of $20.9m. It reported 720 employees.