Woodson YMCA Foundation Inc

Analysis

Woodson YMCA Foundation Inc is a registered charity in United States, based in Wausau, WI. It received its IRS tax-exemption ruling in September 1964, 62 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 September 2023, Woodson YMCA Foundation Inc reported income of $251k and spending of $2.1m, spending 849% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $11.9m to $251k (-98%), an average of -62% a year. The sharpest change came in the year to September 2023, when income rose by 247%. Over the whole period it spent 63% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Woodson YMCA Foundation Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within WI. Charities of a similar size with the same main cause include Meadowbrook Center for Learning Differences ($251k), South India Fine Arts ($251k) and Nami Valley of the Sun ($251k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 29% of the total. At year end it held assets of $38.4m against liabilities of $3.6m, net assets of $34.7m.

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.