YMCA of Lincoln

Analysis

YMCA of Lincoln is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in October 1937, 89 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, YMCA of Lincoln reported income of $19.8m and spending of $16.4m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $17.5m to $19.8m (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2020, when income dropped by 31%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, YMCA of Lincoln sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within NE. Charities of a similar size with the same main cause include YMCA of the East Valley ($19.8m), Hospice of Martin & St Lucie Inc ($19.8m) and Bristol Glen Inc ($19.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $626k (3.8% of expenses). Other salaries and wages came to $7.1m. At year end it held assets of $42.3m against liabilities of $7.3m, net assets of $35.0m. It reported 1,334 employees.