YMCA of Northern Rock County Inc

Analysis

YMCA of Northern Rock County Inc is a registered charity in United States, based in Janesville, WI. It received its IRS tax-exemption ruling in April 1972, 54 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, YMCA of Northern Rock County Inc reported income of $2.8m and spending of $3.5m, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.8m (+51%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 120% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, YMCA of Northern Rock County Inc 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 89th percentile, and in the 89th percentile within WI. Charities of a similar size with the same main cause include The Bridge to Recovery Inc ($2.8m), West Central Illinois Area Agency on Aging ($2.8m) and Hospice of Crawford County Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $180k (5.1% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $8.8m against liabilities of $1.1m, net assets of $7.7m. It reported 196 employees.