Marshall Area Young Mens Christian Association

Analysis

Marshall Area Young Mens Christian Association is a registered charity in United States, based in Marshall, MN. It received its IRS tax-exemption ruling in February 2001, 25 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, Marshall Area Young Mens Christian Association reported income of $2.1m and spending of $2.0m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.1m (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2020, when income rose by 64%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Marshall Area Young Mens Christian Association sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MN. Charities of a similar size with the same main cause include Family Service Association of Redlands ($2.1m), Salem County Womens Services ($2.1m) and Youth Guidance of Indian River County Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $379k (19% of expenses). Other salaries and wages came to $521k. At year end it held assets of $8.3m against liabilities of $859k, net assets of $7.5m. It reported 173 employees.