Young Mens Christian Association of Waynesboro Virginia Inc

Analysis

Young Mens Christian Association of Waynesboro Virginia Inc is a registered charity in United States, based in Waynesboro, VA. It received its IRS tax-exemption ruling in September 1978, 48 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 2023, Young Mens Christian Association of Waynesboro Virginia Inc reported income of $1.4m and spending of $1.4m, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.4m to $1.4m (+1.5%), an average of +0.5% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 97% 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 Waynesboro Virginia Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within VA. Charities of a similar size with the same main cause include Ucucc Child Care Programs ($1.4m), Bradley Street Day Care Center ($1.4m) and Atlantis Community Incorporated ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $91k (6.3% of expenses). Other salaries and wages came to $768k. At year end it held assets of $2.1m against liabilities of $27k, net assets of $2.1m. It reported 99 employees.