Young Mens Christian Association of Danville Ill

Analysis

Young Mens Christian Association of Danville Ill is a registered charity in United States, based in Danville, IL. It received its IRS tax-exemption ruling in February 1965, 61 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 September 2023, Young Mens Christian Association of Danville Ill reported income of $1.1m and spending of $1.2m, spending 116% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.4m to $1.1m (-23%), an average of -6.3% a year. The sharpest change came in the year to September 2020, when income dropped by 32%. Over the whole period it spent 106% 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 Danville Ill sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within IL. Charities of a similar size with the same main cause include Hillel the Foundation for Jewish Campus Life ($1.1m), Learning Adventures Child Care Center ($1.1m) and Holy Cross Senior Services Inc ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 73% and program service revenue 22% of the total. Other salaries and wages came to $495k. At year end it held assets of $2.6m against liabilities of $280k, net assets of $2.3m. It reported 55 employees.