Rapid City Y M C a

Analysis

Rapid City Y M C a is a registered charity in United States, based in Rapid City, SD. It received its IRS tax-exemption ruling in September 1948, 78 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, Rapid City Y M C a reported income of $9.4m and spending of $10.0m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.7m to $9.4m (+8.6%), an average of +2.1% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rapid City Y M C a sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within SD. Charities of a similar size with the same main cause include Young Mens Christian Association ($9.4m), Community Living & Learning Inc ($9.4m) and Devworks International Inc ($9.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $162k (1.6% of expenses). Other salaries and wages came to $5.4m. At year end it held assets of $16.8m against liabilities of $624k, net assets of $16.2m. It reported 461 employees.