Young Mens Christian Association of Marquette County

Analysis

Young Mens Christian Association of Marquette County is a registered charity in United States, based in Marquette, MI. It received its IRS tax-exemption ruling in June 1995, 31 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 of Marquette County reported income of $3.2m and spending of $1.9m, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $3.2m (+17%), an average of +3.9% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 63% 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 of Marquette County sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within MI. Charities of a similar size with the same main cause include Union Gospel Mission Association of Olympia ($3.2m), The Ivins Outreach Center ($3.2m) and Rockville Day Care Association Incorporated ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $114k (5.9% of expenses). Other salaries and wages came to $850k. At year end it held assets of $5.5m against liabilities of $104k, net assets of $5.4m. It reported 149 employees.