Young Mens Christian Association of West Central Illinois

Analysis

Young Mens Christian Association of West Central Illinois is a registered charity in United States, based in Quincy, IL. It received its IRS tax-exemption ruling in September 1938, 88 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, Young Mens Christian Association of West Central Illinois reported income of $3.7m and spending of $3.9m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $3.7m (+38%), an average of +8.5% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Young Mens Christian Association of West Central Illinois sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include Illinois Child Care Bureau ($3.7m), Midstate Independent Living Choices Inc ($3.7m) and Americas Grow a Row Inc ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $79k (2.0% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $3.6m against liabilities of $241k, net assets of $3.3m. It reported 272 employees.