YMCA of Metropolitan Chicago

Analysis

YMCA of Metropolitan Chicago is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 1941, 85 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, YMCA of Metropolitan Chicago reported income of $82.8m and spending of $94.9m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $86.6m to $82.8m (-4.5%), an average of -1.1% a year. The sharpest change came in the year to December 2020, when income dropped by 45%. Over the whole period it spent 126% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, YMCA of Metropolitan Chicago sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IL. Charities of a similar size with the same main cause include Childrens Home Society of Florida ($82.6m), Zero to Three - National Center for Infants Toddlers and Families ($82.9m) and Westminster-Canterbury Corporation ($82.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $4.0m (4.2% of expenses). Other salaries and wages came to $39.0m. It paid $70k in professional fundraising fees. At year end it held assets of $196.8m against liabilities of $64.3m, net assets of $132.5m. It reported 2,877 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.