Montgomery County Family Young Mens Christian Association Inc

Analysis

Montgomery County Family Young Mens Christian Association Inc is a registered charity in United States, based in Red Oak, IA. It received its IRS tax-exemption ruling in September 1995, 31 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, Montgomery County Family Young Mens Christian Association Inc reported income of $1.0m and spending of $939k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $994k to $1.0m (+0.7%), an average of +0.2% a year. The sharpest change came in the year to December 2023, when income rose by 215%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Montgomery County Family Young Mens Christian Association Inc 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 79th percentile, and in the 81st percentile within IA. Charities of a similar size with the same main cause include Ambassador Services International ($1.0m), Cha Low Income Services Inc ($1.0m) and Araminta Freedom Initiative Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $59k (6.3% of expenses). Other salaries and wages came to $249k. At year end it held assets of $8.6m against liabilities of $54k, net assets of $8.5m. It reported 58 employees.