LA Crosse Area Family Y M C a Inc

Analysis

LA Crosse Area Family Y M C a Inc is a registered charity in United States, based in LA Crosse, WI. It received its IRS tax-exemption ruling in July 1944, 82 years ago. 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, LA Crosse Area Family Y M C a Inc reported income of $12.5m and spending of $13.2m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.8m to $12.5m (+6.4%), an average of +1.6% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, LA Crosse Area Family Y M C a Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within WI. Charities of a similar size with the same main cause include Guthrie Home Care ($12.5m), Holy Name Housing Corporation ($12.5m) and Earthworks ($12.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $474k (3.6% of expenses). Other salaries and wages came to $7.1m. At year end it held assets of $29.4m against liabilities of $6.1m, net assets of $23.2m. It reported 1,055 employees.