Young Womens Christian Association of Mankato

Analysis

Young Womens Christian Association of Mankato is a registered charity in United States, based in Mankato, MN. It received its IRS tax-exemption ruling in March 1945, 81 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Young Womens Christian Association of Mankato reported income of $636k and spending of $655k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $519k to $636k (+22%), an average of +5.2% a year. The sharpest change came in the year to December 2020, when income rose by 51%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Young Womens Christian Association of Mankato sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MN. Charities of a similar size with the same main cause include Asa Now ($636k), Tag Community Living Inc ($636k) and Savin Childrens Home Inc ($636k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 7.0% of the total. Compensation of current officers, directors and key employees was $64k (9.8% of expenses). Other salaries and wages came to $335k. At year end it held assets of $981k against liabilities of $32k, net assets of $950k. It reported 14 employees.

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.