Mahaska County YMCA

Analysis

Mahaska County YMCA is a registered charity in United States, based in Oskaloosa, IA. It received its IRS tax-exemption ruling in April 1954, 72 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 August 2023, Mahaska County YMCA reported income of $1.7m and spending of $2.2m, spending 134% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.7m to $1.7m (+0.7%), an average of +0.2% a year. The sharpest change came in the year to August 2020, when income rose by 644%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mahaska County YMCA 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 Aavi Inc ($1.7m), Clackamas Service Center Inc ($1.7m) and Military Family Advisory Network ($1.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 16% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $117k (5.2% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $14.3m against liabilities of $374k, net assets of $13.9m. It reported 149 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.