Armed Services YMCA of the USA

Analysis

Armed Services YMCA of the USA is a registered charity in United States, based in Woodbridge, VA. It received its IRS tax-exemption ruling in January 1987, 39 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, Armed Services YMCA of the USA reported income of $7.3m and spending of $12.2m, spending 166% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.4m to $7.3m (-1.3%), an average of -0.3% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Armed Services YMCA of the USA 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 94th percentile, and in the 94th percentile within VA. Charities of a similar size with the same main cause include Covenant House Florida Inc ($7.3m), T a S K ($7.3m) and Senior Life Midland Inc ($7.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $1.4m (11% of expenses). Other salaries and wages came to $2.0m. It paid $2.0m in professional fundraising fees. At year end it held assets of $28.9m against liabilities of $3.9m, net assets of $24.9m. It reported 35 employees.