Dow Bay Area Family Young Mens Christian Association

Analysis

Dow Bay Area Family Young Mens Christian Association is a registered charity in United States, based in Bay City, MI. It received its IRS tax-exemption ruling in September 1942, 84 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 December 2023, Dow Bay Area Family Young Mens Christian Association reported income of $4.7m and spending of $4.5m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.8m to $4.7m (+25%), an average of +5.6% a year. The sharpest change came in the year to December 2021, when income rose by 80%. 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, Dow Bay Area Family Young Mens Christian Association sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within MI. Charities of a similar size with the same main cause include Faith Builders Educational Programs ($4.7m), Valley View Community Food Assistance ($4.7m) and Southern Oregon Insurance Inc ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $164k (3.6% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $20.3m against liabilities of $450k, net assets of $19.9m. It reported 307 employees.