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Putnam County Family Young Mens Christian Association

RegisteredEIN 46-5501752Cookeville, TNPoverty relief
Income$2.3m2023-12
Spending$2.0msame year
Spent / received90%5-year average
Size in its cause84th pctPoverty relief
Exempt since2014Publicly supported organisat
Employees162latest return

Analysis

Putnam County Family Young Mens Christian Association is a registered charity in United States, based in Cookeville, TN. It received its IRS tax-exemption ruling in August 2014, 12 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, Putnam County Family Young Mens Christian Association reported income of $2.3m and spending of $2.0m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.3m (+68%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 59%. 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, Putnam County Family Young Mens Christian Association sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within TN. Charities of a similar size with the same main cause include Olympia Mutual Aid Partners ($2.3m), Help for the Hurting ($2.3m) and Childrens Center ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Other salaries and wages came to $722k. At year end it held assets of $3.5m against liabilities of $272k, net assets of $3.2m. It reported 162 employees.

Income and spending

$0$568k$1.1m$1.7m$2.3m2019 Income: $1,351,8902019 Spending: $1,281,09620192020 Income: $1,543,8802020 Spending: $1,229,90620202021 Income: $1,390,9242021 Spending: $1,286,12520212022 Income: $1,424,7232022 Spending: $1,414,43620222023 Income: $2,270,6142023 Spending: $1,992,5712023
IncomeSpending

Where the income comes from

  • Contributions & grants 88%
  • Program services 12%
  • Other 0.1%

Similar-sized charities, same cause

CharityLocationIncome
Olympia Mutual Aid PartnersOlympia$2.3m
Help for the HurtingRedlands$2.3m
Childrens CenterHamden$2.3m
The Hopkinsville Family Young Mens Christian Association IncHopkinsville$2.3m