Illinois Valley YMCA

Analysis

Illinois Valley YMCA is a registered charity in United States, based in Peru, IL. It received its IRS tax-exemption ruling in May 1970, 56 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 April 2024, Illinois Valley YMCA reported income of $2.2m and spending of $3.6m, spending 165% of what it took in. Across the 5 years on record, from April 2020 to April 2024, income fell from $2.7m to $2.2m (-20%), an average of -5.5% a year. The sharpest change came in the year to April 2022, when income rose by 65%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Illinois Valley YMCA sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include Good Grocer ($2.2m), Loaves and Fishes Ministries of Fremont County ($2.2m) and Weston a Price Foundation ($2.2m).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 7.5% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $115k (3.2% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $22.3m against liabilities of $4.7m, net assets of $17.6m. It reported 204 employees.