The Young Mens Christian Asso of the Chippewa Valley Inc

Analysis

The Young Mens Christian Asso of the Chippewa Valley Inc is a registered charity in United States, based in Eau Claire, WI. It received its IRS tax-exemption ruling in September 1944, 82 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, The Young Mens Christian Asso of the Chippewa Valley Inc reported income of $12.7m and spending of $10.4m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.0m to $12.7m (+42%), an average of +9.1% a year. The sharpest change came in the year to December 2022, when income rose by 31%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Young Mens Christian Asso of the Chippewa Valley 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 East Hawaii State Veterans Home ($12.7m), Rogerson Communities ($12.7m) and Psi Services III Inc ($12.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $142k (1.4% of expenses). Other salaries and wages came to $5.0m. At year end it held assets of $26.8m against liabilities of $5.3m, net assets of $21.5m. It reported 812 employees.