Young Mens Christian Association of Ottumwa Iowa

Analysis

Young Mens Christian Association of Ottumwa Iowa is a registered charity in United States, based in Ottumwa, IA. It received its IRS tax-exemption ruling in August 1942, 84 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 December 2023, Young Mens Christian Association of Ottumwa Iowa reported income of $1.6m and spending of $1.9m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $1.6m (-4.5%), an average of -1.2% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 84% 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 of Ottumwa Iowa 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 84th percentile, and in the 86th percentile within IA. Charities of a similar size with the same main cause include Murray Ridge Production Center Inc ($1.6m), Oshkosh Area United Way Inc ($1.6m) and American Guild of Organists Ago ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.1% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $95k (5.0% of expenses). Other salaries and wages came to $980k. At year end it held assets of $2.9m against liabilities of $38k, net assets of $2.9m. It reported 122 employees.