Young Mens Christian Association

Analysis

Young Mens Christian Association is a registered charity in United States, based in Mason City, IA. It received its IRS tax-exemption ruling in December 1958, 68 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Young Mens Christian Association reported income of $1.6m and spending of $2.2m, spending 139% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.5m to $1.6m (+10%), an average of +2.5% a year. The sharpest change came in the year to September 2021, when income rose by 93%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Young Mens Christian Association sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within IA. Charities of a similar size with the same main cause include Miss Tinas Preschool Inc ($1.6m), All Abilities Inc ($1.6m) and Meals on Wheels of the Salinas Valley Inc ($1.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 27% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $71k (3.2% of expenses). Other salaries and wages came to $812k. At year end it held assets of $1.0m against liabilities of $1.3m, net assets of -$256k. It reported 188 employees.