YMCA of Greater High Point Foundation Inc

Analysis

YMCA of Greater High Point Foundation Inc is a registered charity in United States, based in High Point, NC. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, YMCA of Greater High Point Foundation Inc reported income of $86k and spending of $98k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $89k to $86k (-3.7%), an average of -0.9% a year. The sharpest change came in the year to December 2020, when income rose by 93%. Over the whole period it spent 45% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, YMCA of Greater High Point Foundation Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within NC. Charities of a similar size with the same main cause include South Putnam Christian Service Center Inc ($86k), Parting Ways Consignment Inc ($86k) and Camp Gilbert Inc ($86k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.