Young Mens Christian Association Camp Olson

Analysis

Young Mens Christian Association Camp Olson is a registered charity in United States, based in Longville, MN. It received its IRS tax-exemption ruling in February 1972, 54 years ago. 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 September 2023, Young Mens Christian Association Camp Olson reported income of $2.7m and spending of $1.8m, leaving 35% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.5m to $2.7m (+75%), an average of +15% a year. The sharpest change came in the year to September 2021, when income rose by 147%. Over the whole period it spent 66% 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 Camp Olson sits at the 88th percentile: it is larger than about 88% 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 The Open Door of Indiana Pennsylvania ($2.7m), Wyandanch Wheatley Heights Ambulance Corp ($2.7m) and International AIDS Society USA ($2.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 36% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $113k (6.4% of expenses). Other salaries and wages came to $494k. At year end it held assets of $7.8m against liabilities of $684k, net assets of $7.1m. It reported 141 employees.