Woodson Y M C a Inc

Analysis

Woodson Y M C a Inc is a registered charity in United States, based in Wausau, WI. It received its IRS tax-exemption ruling in March 1936, 90 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 September 2023, Woodson Y M C a Inc reported income of $11.3m and spending of $10.4m, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $7.3m to $11.3m (+55%), an average of +12% a year. The sharpest change came in the year to September 2021, when income rose by 46%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Woodson Y M C a Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within WI. Charities of a similar size with the same main cause include Monte Vista Grove Homes ($11.3m), Triangle Inc ($11.3m) and Southern Vision Alliance ($11.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 17% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $233k (2.3% of expenses). Other salaries and wages came to $5.5m. At year end it held assets of $5.6m against liabilities of $514k, net assets of $5.1m. It reported 709 employees.