Fox Valley Family YMCA Inc

Analysis

Fox Valley Family YMCA Inc is a registered charity in United States, based in Plano, IL. It received its IRS tax-exemption ruling in September 1979, 47 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, Fox Valley Family YMCA Inc reported income of $6.4m and spending of $6.0m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.2m to $6.4m (+25%), an average of +5.6% a year. The sharpest change came in the year to December 2020, when income rose by 19%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fox Valley Family YMCA Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IL. Charities of a similar size with the same main cause include Plainview Volunteer Fire Dept Inc ($6.4m), Boys & Girls Clubs of Central Orange Coast ($6.4m) and JCMH Health Care Corporation ($6.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.8% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $137k (2.3% of expenses). At year end it held assets of $11.7m against liabilities of $37k, net assets of $11.7m. It reported 364 employees.