Lemars Family Young Mens Christian Association

Analysis

Lemars Family Young Mens Christian Association is a registered charity in United States, based in Le Mars, IA. It received its IRS tax-exemption ruling in December 1994, 32 years ago. 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, Lemars Family Young Mens Christian Association reported income of $803k and spending of $921k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $714k to $803k (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lemars Family Young Mens Christian Association sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within IA. Charities of a similar size with the same main cause include Metropolitan Housing Development Corporation ($803k), PTA New York Congress ($803k) and Association for Retarded Citizens Cherokee-Clay Inc ($803k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $65k (7.0% of expenses). Other salaries and wages came to $400k. At year end it held assets of $437k against liabilities of $188k, net assets of $249k. It reported 101 employees.