Stateline Family Young Mens Christian Association Inc

Analysis

Stateline Family Young Mens Christian Association Inc is a registered charity in United States, based in Beloit, WI. It received its IRS tax-exemption ruling in July 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 August 2024, Stateline Family Young Mens Christian Association Inc reported income of $5.1m and spending of $5.5m, spending 107% of what it took in. Across the 6 years on record, from August 2019 to August 2024, income fell from $5.2m to $5.1m (-1.6%), an average of -0.3% a year. The sharpest change came in the year to August 2021, when income rose by 30%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Stateline Family Young Mens Christian Association Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within WI. Charities of a similar size with the same main cause include California Young World a California Corporation ($5.1m), Asian Americans Advancing Justice Atlanta Inc ($5.2m) and L Arche Inc ($5.1m).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 4.5% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $145k (2.6% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $17.2m against liabilities of $6.0m, net assets of $11.2m. It reported 388 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.