YMCA of the Northern Sky

Analysis

YMCA of the Northern Sky is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in April 1943, 83 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, YMCA of the Northern Sky reported income of $25.9m and spending of $26.2m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $19.3m to $25.9m (+34%), an average of +7.7% a year. The sharpest change came in the year to December 2020, when income rose by 52%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, YMCA of the Northern Sky sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within ND. Charities of a similar size with the same main cause include Society of St Vincent de Paul Georgia Inc ($25.9m), Familylinks Inc ($25.9m) and Bay Human Services Inc ($25.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $241k (0.9% of expenses). Other salaries and wages came to $12.8m. At year end it held assets of $41.6m against liabilities of $9.5m, net assets of $32.2m. It reported 1,176 employees.