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Young Mens Christian Association Tri Cities

RegisteredEIN 38-1717502Grand Haven, MIPoverty relief
Income$4.7m2023-12
Spending$3.2msame year
Spent / received78%5-year average
Size in its cause90th pctPoverty relief
Exempt since1965Publicly supported organisat
Employees254latest return

Analysis

Young Mens Christian Association Tri Cities is a registered charity in United States, based in Grand Haven, MI. It received its IRS tax-exemption ruling in December 1965, 61 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 December 2023, Young Mens Christian Association Tri Cities reported income of $4.7m and spending of $3.2m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $4.7m (+81%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Young Mens Christian Association Tri Cities sits at the 90th percentile: it is larger than about 90% 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 Phoenix Indian Center ($4.7m), Texas Baptist Home for Children ($4.7m) and Elder Care Alliance of San Mateo ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 56% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $6.8m against liabilities of $302k, net assets of $6.5m. It reported 254 employees.

Income and spending

$0$1.2m$2.3m$3.5m$4.7m2019 Income: $2,579,6462019 Spending: $2,551,60820192020 Income: $2,156,6102020 Spending: $1,680,16020202021 Income: $3,033,3752021 Spending: $2,144,07520212022 Income: $3,347,5042022 Spending: $2,733,14720222023 Income: $4,671,1302023 Spending: $3,156,5482023
IncomeSpending

Where the income comes from

  • Contributions & grants 40%
  • Program services 56%
  • Other 3.6%

Similar-sized charities, same cause

CharityLocationIncome
Phoenix Indian CenterPhoenix$4.7m
Texas Baptist Home for ChildrenWaxahachie$4.7m
Elder Care Alliance of San MateoAlameda$4.7m
Childrens Choice of Maryland IncBellmawr$4.7m