State Young Mens Christian Association of Michigan

Analysis

State Young Mens Christian Association of Michigan is a registered charity in United States, based in Central Lake, MI. It received its IRS tax-exemption ruling in January 1939, 87 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, State Young Mens Christian Association of Michigan reported income of $3.9m and spending of $3.6m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.6m to $3.9m (+9.0%), an average of +2.2% a year. The sharpest change came in the year to December 2021, when income rose by 166%. 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, State Young Mens Christian Association of Michigan sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within MI. Charities of a similar size with the same main cause include Centre County Youth Service Bureau ($3.9m), Ridge Area Arc Inc ($3.9m) and Manteca C a P S Corporation ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $133k (3.7% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $9.4m against liabilities of $455k, net assets of $8.9m. It reported 210 employees.