Marion YMCA Endowment Fund Inc

Analysis

Marion YMCA Endowment Fund Inc is a registered charity in United States, based in Marion, OH. It received its IRS tax-exemption ruling in December 1955, 71 years ago. 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, Marion YMCA Endowment Fund Inc reported income of $380k and spending of $325k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $492k to $380k (-23%), an average of -6.2% a year. The sharpest change came in the year to December 2023, when income rose by 149%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Marion YMCA Endowment Fund Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within OH. Charities of a similar size with the same main cause include Grace Contrino Abrams Peace Education Foundation Inc ($380k), Big Brothers Big Sisters of Southwest Colorado ($380k) and International Congress of Infant Studies Inc ($380k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $512k against liabilities of $22k, net assets of $490k.