Family Young Mens Christian Assoc of Charles Cty Ia Foundation

Analysis

Family Young Mens Christian Assoc of Charles Cty Ia Foundation is a registered charity in United States, based in Charles City, IA. It received its IRS tax-exemption ruling in August 1988, 38 years ago. 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, Family Young Mens Christian Assoc of Charles Cty Ia Foundation reported income of $1.1m and spending of $230k, leaving 80% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $200k to $1.1m (+474%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 720%. Over the whole period it spent 54% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Family Young Mens Christian Assoc of Charles Cty Ia Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within IA. Charities of a similar size with the same main cause include St John Retirement Village ($1.1m), Sexual Assault Support Services of Midcoast Maine ($1.1m) and Ascentria Care Alliance Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $5.5m against liabilities of $0, net assets of $5.5m.