Young Mens Christian Association of the Iowa Mississippi Valley

Analysis

Young Mens Christian Association of the Iowa Mississippi Valley is a registered charity in United States, based in Davenport, IA. It received its IRS tax-exemption ruling in July 1942, 84 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 Mens Christian Association of the Iowa Mississippi Valley reported income of $16.9m and spending of $12.6m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $20.7m to $16.9m (-18%), an average of -5.0% a year. The sharpest change came in the year to December 2020, when income dropped by 42%. Over the whole period it spent 65% 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 of the Iowa Mississippi Valley sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IA. Charities of a similar size with the same main cause include Community Action of Skagit County ($16.9m), Boulder Crest Foundation ($16.9m) and Bashor Home of the United Methodist Church Inc ($16.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $578k (4.6% of expenses). Other salaries and wages came to $5.4m. At year end it held assets of $67.6m against liabilities of $9.3m, net assets of $58.3m. It reported 878 employees.