Young Mens Christian Association of Wichita

Analysis

Young Mens Christian Association of Wichita is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in November 1937, 89 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 of Wichita reported income of $58.0m and spending of $45.8m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $52.8m to $58.0m (+9.8%), an average of +2.4% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 85% 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 of Wichita sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within KS. Charities of a similar size with the same main cause include Nysarc Inc ($57.9m), Citizen Advocates Inc ($58.0m) and Council for Jewish Elderly ($57.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.8% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $996k (2.2% of expenses). Other salaries and wages came to $18.0m. It paid $12k in professional fundraising fees. At year end it held assets of $198.8m against liabilities of $21.0m, net assets of $177.8m. It reported 1,970 employees.