YMCA of Greater Omaha

Analysis

YMCA of Greater Omaha is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in February 1936, 90 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 Greater Omaha reported income of $25.0m and spending of $27.7m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $26.5m to $25.0m (-6.0%), an average of -1.5% a year. 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 Greater Omaha 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 98th percentile, and in the 97th percentile within NE. Charities of a similar size with the same main cause include Cunningham Childrens Home of Urbana Illinois ($24.9m), Parc Inc ($25.0m) and Life Path Inc ($24.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $530k (1.9% of expenses). Other salaries and wages came to $11.8m. At year end it held assets of $63.1m against liabilities of $12.2m, net assets of $50.9m. It reported 1,492 employees.