Young Mens Christian Assn Normal

Analysis

Young Mens Christian Assn Normal is a registered charity in United States, based in Bloomington, IL. It received its IRS tax-exemption ruling in March 1942, 84 years ago. 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 Assn Normal reported income of $6.6m and spending of $5.3m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $6.6m (+328%), an average of +44% a year. The sharpest change came in the year to December 2021, when income rose by 360%. Over the whole period it spent 43% 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 Assn Normal 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 93rd percentile, and in the 93rd percentile within IL. Charities of a similar size with the same main cause include Ardmore Inc ($6.6m), Dna-Peoples Legal Services Inc ($6.6m) and Center for Effective Public Policy ($6.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $130k (2.4% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $28.0m against liabilities of $5.7m, net assets of $22.3m. It reported 328 employees.