Young Mens Christian Assoc of McDonough Co

Analysis

Young Mens Christian Assoc of McDonough Co is a registered charity in United States, based in Macomb, IL. It received its IRS tax-exemption ruling in June 1958, 68 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 Assoc of McDonough Co reported income of $2.7m and spending of $2.8m, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.2m to $2.7m (+22%), an average of +5.2% a year. The sharpest change came in the year to September 2020, when income rose by 20%. Over the whole period it spent 94% 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 Assoc of McDonough Co 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 88th percentile, and in the 88th percentile within IL. Charities of a similar size with the same main cause include Friends of Middlesex Fells Reservation Inc ($2.7m), Hope Ignites St Louis ($2.7m) and Bartlett Woods Inc ($2.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 23% and program service revenue 76% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $3.0m against liabilities of $64k, net assets of $3.0m. It reported 204 employees.