Young Mens Christian Association

Analysis

Young Mens Christian Association is a registered charity in United States, based in Austin, MN. It received its IRS tax-exemption ruling in June 1955, 71 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, Young Mens Christian Association reported income of $2.5m and spending of $2.6m, spending 107% of what it took in. Across the 5 years on record, from August 2019 to December 2023, income grew from $1.6m to $2.5m (+51%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 37%. 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, Young Mens Christian Association sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MN. Charities of a similar size with the same main cause include Lebanon County Christian Ministries ($2.5m), Boy Scouts of America ($2.5m) and Habitat for Humanity International Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $118k (4.4% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $3.8m against liabilities of $132k, net assets of $3.7m. It reported 210 employees.