Fremont YMCA Foundation

Analysis

Fremont YMCA Foundation is a registered charity in United States, based in Fremont, NE. It received its IRS tax-exemption ruling in May 1949, 77 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fremont YMCA Foundation reported income of $417k and spending of $509k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $222k to $417k (+88%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 453%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fremont YMCA Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NE. Charities of a similar size with the same main cause include Northeast Community Child Development Center ($417k), Servehaiti Inc ($417k) and Burst Into Books ($417k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $6.2m against liabilities of $0, net assets of $6.2m.