Young Mens Christian Association of the University of Illinois

Analysis

Young Mens Christian Association of the University of Illinois is a registered charity in United States, based in Champaign, IL. It received its IRS tax-exemption ruling in August 1951, 75 years ago. 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 June 2023, Young Mens Christian Association of the University of Illinois reported income of $1.7m and spending of $2.1m, spending 126% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income fell from $2.1m to $1.7m (-19%), an average of -5.1% a year. The sharpest change came in the year to June 2021, when income rose by 118%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Young Mens Christian Association of the University of Illinois sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include Rocky Mountain Regional Volleyball Association ($1.7m), International Brotherhood of Electrical Training Trust Fund 60 ($1.7m) and Scripture Memory Mountain Mission Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $222k (11% of expenses). Other salaries and wages came to $648k. At year end it held assets of $11.8m against liabilities of $666k, net assets of $11.1m. It reported 36 employees.