Mattoon Area Young Mens Christian Association

Analysis

Mattoon Area Young Mens Christian Association is a registered charity in United States, based in Mattoon, IL. It received its IRS tax-exemption ruling in January 1983, 43 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 September 2023, Mattoon Area Young Mens Christian Association reported income of $2.8m and spending of $3.2m, spending 113% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.8m to $2.8m (-0.3%), an average of -0.1% a year. The sharpest change came in the year to September 2021, when income rose by 35%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mattoon Area Young Mens Christian Association sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within IL. Charities of a similar size with the same main cause include Homeless Assistance Leadership Organization Incorporated ($2.8m), Golden State YMCA ($2.8m) and Organization for Refugee and Immigrant Success ($2.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 24% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $100k (3.1% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $13.6m against liabilities of $216k, net assets of $13.4m. It reported 246 employees.