Young Mens Christian Association of Delaware

Analysis

Young Mens Christian Association of Delaware is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in October 1933, 93 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 Delaware reported income of $45.9m and spending of $48.4m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $45.8m to $45.9m (+0.3%), an average of +0.1% a year. Over the whole period it spent 96% 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 Delaware sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within DE. Charities of a similar size with the same main cause include Integrated Services for Behavioral Health ($45.8m), United Food Bank ($46.0m) and Union Rescue Mission ($45.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $3.1m (6.4% of expenses). Other salaries and wages came to $18.6m. At year end it held assets of $102.6m against liabilities of $41.3m, net assets of $61.2m. It reported 2,211 employees.