Young Mens Christian Association of Staunton Virginia

Analysis

Young Mens Christian Association of Staunton Virginia is a registered charity in United States, based in Staunton, VA. It received its IRS tax-exemption ruling in September 1937, 89 years ago. 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 December 2023, Young Mens Christian Association of Staunton Virginia reported income of $3.3m and spending of $3.7m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $3.3m (+17%), an average of +3.9% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Young Mens Christian Association of Staunton Virginia sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within VA. Charities of a similar size with the same main cause include Lindquist Dental Clinic for Children ($3.3m), Southern Nevada Operating Engineers Journeyman & Apprentice TRNG Trust ($3.3m) and Minot Young Mens Christian Association ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $131k (3.6% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $12.1m against liabilities of $2.3m, net assets of $9.8m. It reported 255 employees.