Marshalltown Young Mens Christian Association-Ywca

Analysis

Marshalltown Young Mens Christian Association-Ywca is a registered charity in United States, based in Marshalltown, IA. It received its IRS tax-exemption ruling in February 1945, 81 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, Marshalltown Young Mens Christian Association-Ywca reported income of $4.1m and spending of $4.0m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.1m to $4.1m (-0.5%), an average of -0.1% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Marshalltown Young Mens Christian Association-Ywca sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within IA. Charities of a similar size with the same main cause include Denver Volunteer Fire Department ($4.1m), Sandhills School ($4.1m) and Sunrise Community of Northeast Florida Inc ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $122k (3.1% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $17.9m against liabilities of $8.5m, net assets of $9.4m. It reported 274 employees.