Nishna Valley Family Young Mens Christian Association

Analysis

Nishna Valley Family Young Mens Christian Association is a registered charity in United States, based in Atlantic, IA. It received its IRS tax-exemption ruling in February 1961, 65 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 December 2023, Nishna Valley Family Young Mens Christian Association reported income of $2.9m and spending of $2.6m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.9m (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2021, when income rose by 99%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nishna Valley Family Young Mens Christian Association sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within IA. Charities of a similar size with the same main cause include Fun Time Early Childhood Academy Inc ($2.9m), The Road Home Dane County ($2.9m) and Camp High Hopes ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $190k (7.3% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $6.0m against liabilities of $533k, net assets of $5.4m. It reported 191 employees.