YMCA of Ottawa Illinois

Analysis

YMCA of Ottawa Illinois is a registered charity in United States, based in Ottawa, IL. It received its IRS tax-exemption ruling in September 1956, 70 years ago. 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 Ottawa Illinois reported income of $3.3m and spending of $2.3m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $3.3m (+112%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 77%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, YMCA of Ottawa Illinois sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Red Bird Mission Inc ($3.3m), New Bethany Inc ($3.3m) and Boston Community Access & Programming Foundation Inc ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 43% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $24.7m against liabilities of $23.0m, net assets of $1.7m. It reported 139 employees.