Norfolk Area YMCA Endowment

Analysis

Norfolk Area YMCA Endowment is a registered charity in United States, based in Norfolk, NE. It received its IRS tax-exemption ruling in January 2015, 11 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, Norfolk Area YMCA Endowment reported income of $58k and spending of $11k, leaving 80% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $127k to $58k (-55%), an average of -18% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 30% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Norfolk Area YMCA Endowment sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 19th percentile within NE. Charities of a similar size with the same main cause include Fibromyalgia Care Society of America Inc ($58k), Friends of the Mac ($58k) and The Matthew 25 Project Inc ($58k).

At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.