Young Mens Christian Association

Analysis

Young Mens Christian Association is a registered charity in United States, based in Fremont, NE. It received its IRS tax-exemption ruling in August 1946, 80 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 $5.4m and spending of $5.1m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.9m to $5.4m (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 100% 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 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within NE. Charities of a similar size with the same main cause include Touch Health Inc ($5.4m), Aroostook Home Health Services ($5.4m) and Executive Child Development Center ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $129k (2.5% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $28.2m against liabilities of $91k, net assets of $28.1m. It reported 326 employees.