Young Mens Christian Association Barry County

Analysis

Young Mens Christian Association Barry County is a registered charity in United States, based in Hastings, MI. It received its IRS tax-exemption ruling in April 1946, 80 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, Young Mens Christian Association Barry County reported income of $2.1m and spending of $2.0m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.1m (+66%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 41%. Over the whole period it spent 88% 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 Association Barry County sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within MI. Charities of a similar size with the same main cause include Montana School Services Foundation ($2.1m), Home & Health Care Services ($2.1m) and Plainview Serenity Center Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 48% of the total. Other salaries and wages came to $905k. At year end it held assets of $10.7m against liabilities of $1.1m, net assets of $9.6m. It reported 95 employees.