Young Mens Christian Association Greater Marinette Menominee

Analysis

Young Mens Christian Association Greater Marinette Menominee is a registered charity in United States, based in Menominee, MI. It received its IRS tax-exemption ruling in December 1967, 59 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, Young Mens Christian Association Greater Marinette Menominee reported income of $1.5m and spending of $1.5m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $1.5m (-6.8%), an average of -1.8% a year. The sharpest change came in the year to December 2020, when income dropped by 20%. Over the whole period it spent 88% 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 Greater Marinette Menominee sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within MI. Charities of a similar size with the same main cause include Webster County Senior Citizens Inc ($1.5m), Chasdei Yona Meir Inc ($1.5m) and God Provides Ministry ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 72% of the total. Other salaries and wages came to $592k. At year end it held assets of $1.9m against liabilities of $53k, net assets of $1.9m. It reported 132 employees.