Winona Family YMCA

Analysis

Winona Family YMCA is a registered charity in United States, based in Winona, MN. It received its IRS tax-exemption ruling in August 1942, 84 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, Winona Family YMCA reported income of $3.4m and spending of $2.4m, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $3.4m (+4.8%), an average of +1.2% a year. The sharpest change came in the year to December 2020, when income rose by 58%. Over the whole period it spent 58% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Winona Family YMCA sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MN. Charities of a similar size with the same main cause include Utah Association of Family Support Centers Inc ($3.4m), Charidy Foundation ($3.4m) and National Urban Fellows Inc ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $129k (5.5% of expenses). Other salaries and wages came to $950k. At year end it held assets of $20.9m against liabilities of $2.2m, net assets of $18.7m. It reported 195 employees.