Young Mens Christian Assn of V P I & S U

Analysis

Young Mens Christian Assn of V P I & S U is a registered charity in United States, based in Blacksburg, VA. It received its IRS tax-exemption ruling in January 1981, 45 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Young Mens Christian Assn of V P I & S U reported income of $1.1m and spending of $1.2m, spending 109% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $707k to $1.1m (+54%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Young Mens Christian Assn of V P I & S U sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within VA. Charities of a similar size with the same main cause include Connecticut Voices for Children Inc ($1.1m), Beyond Your Ordinary Inc ($1.1m) and Young Mens Christian Association of Greater Clinton South Carolina Inc ($1.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 25% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $77k (6.5% of expenses). Other salaries and wages came to $454k. It paid $12k in professional fundraising fees. At year end it held assets of $3.7m against liabilities of $3.6m, net assets of $75k. It reported 42 employees.