Marshfield Area YMCA Inc

Analysis

Marshfield Area YMCA Inc is a registered charity in United States, based in Marshfield, WI. It received its IRS tax-exemption ruling in December 1986, 40 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Marshfield Area YMCA Inc reported income of $5.5m and spending of $5.7m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.6m to $5.5m (+55%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Marshfield Area YMCA Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within WI. Charities of a similar size with the same main cause include Community Parents Head Start Corporation ($5.5m), Tri County Center ($5.5m) and Androscoggin Valley Council of Governments ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.7% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $415k (7.3% of expenses). At year end it held assets of $14.0m against liabilities of $838k, net assets of $13.2m. It reported 267 employees.