Muskegon Ys Club Inc

Analysis

Muskegon Ys Club Inc is a registered charity in United States, based in Muskegon, MI. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, Muskegon Ys Club Inc reported income of $291k and spending of $274k, spending 94% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $134k to $291k (+118%), an average of +118% a year. The sharpest change came in the year to June 2024, when income rose by 118%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Muskegon Ys Club Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within MI. Charities of a similar size with the same main cause include Roy G Post Foundation ($291k), Richard M Genius Sr Trust for Central Baptist Home ($291k) and Otto B Schoepfle Charitable Trust 4749 ($291k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 84% and program service revenue 12% of the total. It paid $245k in professional fundraising fees. At year end it held assets of $110k against liabilities of $0, net assets of $110k.