Geneva Lakes Family Young Mens Christian Association Inc

Analysis

Geneva Lakes Family Young Mens Christian Association Inc is a registered charity in United States, based in Lake Geneva, WI. It received its IRS tax-exemption ruling in October 1942, 84 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, Geneva Lakes Family Young Mens Christian Association Inc reported income of $2.9m and spending of $2.9m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $2.9m (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2021, when income rose by 33%. 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, Geneva Lakes Family Young Mens Christian Association 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 90th percentile within WI. Charities of a similar size with the same main cause include The Childrens School Inc ($2.9m), Leadership Louisville Foundation Incorporated ($2.9m) and Greater Baldwinsville Ambulance Corp ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 79% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $5.2m against liabilities of $1.6m, net assets of $3.6m. It reported 215 employees.