Young Mens Christian Assn

Analysis

Young Mens Christian Assn is a registered charity in United States, based in Canton, IL. It received its IRS tax-exemption ruling in October 1957, 69 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 Assn reported income of $1.7m and spending of $1.4m, spending 85% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.3m to $1.7m (+26%), an average of +6.0% a year. The sharpest change came in the year to September 2021, when income rose by 38%. Over the whole period it spent 91% 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 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 Northeast Alabama Mr DD Authority ($1.7m), National Bar Institute Inc ($1.7m) and Lawyers Assistance Program Inc ($1.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 40% and program service revenue 52% of the total. Other salaries and wages came to $745k. At year end it held assets of $3.0m against liabilities of $500k, net assets of $2.5m. It reported 97 employees.