Young Mens Christiann Association of Hastings Nebraska

Analysis

Young Mens Christiann Association of Hastings Nebraska is a registered charity in United States, based in Hastings, NE. It received its IRS tax-exemption ruling in December 1972, 54 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 Christiann Association of Hastings Nebraska reported income of $5.4m and spending of $2.7m, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $5.4m (+126%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 396%. Over the whole period it spent 46% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Young Mens Christiann Association of Hastings Nebraska 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 Western Plains Youth and Family Services Inc ($5.4m), Community Action of East Central Indiana Inc ($5.4m) and Pennsylvania Child Care Association ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $109k (4.1% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $20.5m against liabilities of $943k, net assets of $19.6m. It reported 225 employees.