Young Mens Christian Association

Analysis

Young Mens Christian Association is a registered charity in United States, based in Topeka, KS. It received its IRS tax-exemption ruling in July 1942, 84 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 $1.5m and spending of $1.9m, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $1.5m (-37%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 35%. Over the whole period it spent 117% 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 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within KS. Charities of a similar size with the same main cause include Nyack Center ($1.5m), The Garuna Foundation ($1.5m) and Michigan Share Corporation ($1.5m).

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 $65k (3.4% of expenses). Other salaries and wages came to $927k. At year end it held assets of $3.9m against liabilities of $1.4m, net assets of $2.5m. It reported 152 employees.