National Council of Young Mens Christian Assns of the USA

Analysis

National Council of Young Mens Christian Assns of the USA is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 1983, 43 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, National Council of Young Mens Christian Assns of the USA reported income of $153.0m and spending of $157.8m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $137.4m to $153.0m (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, National Council of Young Mens Christian Assns of the USA sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within IL. Charities of a similar size with the same main cause include Food Bank of the Rockies ($151.9m), Presbyterian Retirement Communities Inc ($153.2m) and Woods Services Inc ($151.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $4.6m (2.9% of expenses). Other salaries and wages came to $24.8m. At year end it held assets of $206.1m against liabilities of $48.1m, net assets of $158.0m. It reported 282 employees.