Young Men Christian Association

Analysis

Young Men Christian Association is a registered charity in United States, based in Hannibal, MO. It received its IRS tax-exemption ruling in July 1942, 84 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Young Men Christian Association reported income of $2.6m and spending of $2.6m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $2.6m (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Young Men Christian Association sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within MO. Charities of a similar size with the same main cause include New Start Youth Facility Inc ($2.6m), Childrens Aid Society of Franklin County ($2.6m) and Bravehearts Theapeutic Riding and Educational Center ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $100k (3.9% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $5.0m against liabilities of $230k, net assets of $4.7m. It reported 204 employees.