YMCA of Greater Flint

Analysis

YMCA of Greater Flint is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in November 1943, 83 years ago. 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, YMCA of Greater Flint reported income of $18.2m and spending of $11.8m, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.1m to $18.2m (+157%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 100%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, YMCA of Greater Flint sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MI. Charities of a similar size with the same main cause include Cape Fear Tutoring Inc ($18.2m), San Marcos Hays County Emergency Medical Services Incorporated ($18.2m) and Benedictine Living Communities - Bismarck Inc ($18.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $272k (2.3% of expenses). At year end it held assets of $33.4m against liabilities of $8.0m, net assets of $25.4m. It reported 363 employees.