Montgomery YMCA Endowment Foundation

Analysis

Montgomery YMCA Endowment Foundation is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in September 1976, 50 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, Montgomery YMCA Endowment Foundation reported income of $312k and spending of $302k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $174k to $312k (+79%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 160%. Over the whole period it spent 132% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Montgomery YMCA Endowment Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within AL. Charities of a similar size with the same main cause include Jerome County Senior Citizens Service Area Inc ($312k), Project Prosper Inc ($312k) and Every Child Valued a NJ Nonprofit Corporation ($312k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.9% of the total. At year end it held assets of $5.3m against liabilities of $10k, net assets of $5.3m.