Young Mens Christian Association of Dane County Inc

Analysis

Young Mens Christian Association of Dane County Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in March 1945, 81 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 Dane County Inc reported income of $12.7m and spending of $12.1m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $12.8m to $12.7m (-1.0%), an average of -0.3% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 90% 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 Dane County Inc sits at the 95th percentile: it is larger than about 95% 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 South County Community Services ($12.7m), Urban Jacksonville Inc ($12.7m) and Jewish Community Center of Greater Rochester Inc ($12.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $369k (3.1% of expenses). Other salaries and wages came to $6.2m. It paid $41k in professional fundraising fees. At year end it held assets of $17.1m against liabilities of $5.8m, net assets of $11.3m. It reported 557 employees.