Marshalltown Ymca-Ywca Heritage Club

Analysis

Marshalltown Ymca-Ywca Heritage Club is a registered charity in United States, based in Marshalltown, IA. It received its IRS tax-exemption ruling in January 1987, 39 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Marshalltown Ymca-Ywca Heritage Club reported income of $110k and spending of $103k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $80k to $110k (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Marshalltown Ymca-Ywca Heritage Club sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within IA. Charities of a similar size with the same main cause include Stir-N-Up Hope Inc ($110k), R&da Military Assistance Program Inc ($110k) and TGP Gives Inc ($110k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $1.2m against liabilities of $5,254, net assets of $1.2m.