Young Mens Christian Association of Central Virgina

Analysis

Young Mens Christian Association of Central Virgina is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in April 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Young Mens Christian Association of Central Virgina reported income of $9.4m and spending of $9.5m, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $8.2m to $9.4m (+14%), an average of +3.3% a year. The sharpest change came in the year to June 2022, when income rose by 105%. Over the whole period it spent 84% 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 Central Virgina sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within VA. Charities of a similar size with the same main cause include Pierce County Alliance ($9.4m), Jewish Community Centers of Denver ($9.4m) and TLC Operations Inc ($9.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.6% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $177k (1.9% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $26.0m against liabilities of $6.0m, net assets of $20.1m. It reported 469 employees.