Young Mens Christian Association

Analysis

Young Mens Christian Association is a registered charity in United States, based in Norfolk, NE. It received its IRS tax-exemption ruling in July 1942, 84 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, Young Mens Christian Association reported income of $3.9m and spending of $3.9m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.8m to $3.9m (+1.8%), an average of +0.5% a year. The sharpest change came in the year to December 2021, when income rose by 102%. 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, Young Mens Christian Association sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within NE. Charities of a similar size with the same main cause include Mind and Life Institute ($3.9m), Sheffield Care Center ($3.9m) and City Kids Care Inc ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.7% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $133k (3.4% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $13.4m against liabilities of $317k, net assets of $13.1m. It reported 272 employees.