Young Mens Christian Association

Analysis

Young Mens Christian Association is a registered charity in United States, based in Taylorville, IL. It received its IRS tax-exemption ruling in September 1979, 47 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) 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 reported income of $1.9m and spending of $1.3m, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.9m (+69%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 95% 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 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 86th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include J-Sei-Inc ($1.9m), Laguardia Community College-Early Childhood Learning Ctr Program ($1.9m) and Hope Southern Indiana Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $91k (7.0% of expenses). At year end it held assets of $2.4m against liabilities of $206k, net assets of $2.2m. It reported 81 employees.