Young Mens Christian Association of Metropolitan Milwaukee

Analysis

Young Mens Christian Association of Metropolitan Milwaukee is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in September 1942, 84 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 of Metropolitan Milwaukee reported income of $3.4m and spending of $4.4m, spending 130% of what it took in. Across the 6 years on record, from August 2019 to December 2023, income fell from $16.0m to $3.4m (-79%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 76%. Over the whole period it spent 101% 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 Metropolitan Milwaukee sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within WI. Charities of a similar size with the same main cause include North Dakota Autism Center Inc ($3.4m), Avid Behavioral Day Program Corp ($3.4m) and Chasdei Shimon Inc ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $182k (4.1% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $21.3m against liabilities of $6.1m, net assets of $15.2m. It reported 657 employees.