Sioux YMCA

Analysis

Sioux YMCA is a registered charity in United States, based in Dupree, SD. It received its IRS tax-exemption ruling in August 2021, 5 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, Sioux YMCA reported income of $843k and spending of $1.8m, spending 210% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $880k to $843k (-4.2%), an average of -0.8% a year. The sharpest change came in the year to December 2023, when income dropped by 52%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sioux YMCA sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within SD. Charities of a similar size with the same main cause include Bethany House of Hospitality ($843k), American Friends of Zanaafrica Corp ($843k) and Faith Tabernacle Ministries ($843k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $111k (6.3% of expenses). Other salaries and wages came to $741k. At year end it held assets of $3.8m against liabilities of $40k, net assets of $3.8m. It reported 99 employees.