Altavista Area YMCA Inc Steve Jester

Analysis

Altavista Area YMCA Inc Steve Jester is a registered charity in United States, based in Altavista, VA. It received its IRS tax-exemption ruling in July 1961, 65 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 August 2023, Altavista Area YMCA Inc Steve Jester reported income of $5.1m and spending of $4.5m, spending 89% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $3.4m to $5.1m (+49%), an average of +10% a year. The sharpest change came in the year to August 2021, when income rose by 48%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Altavista Area YMCA Inc Steve Jester sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within VA. Charities of a similar size with the same main cause include New England Community Services Inc ($5.1m), Span Incorporated ($5.1m) and Odessa Family YMCA ($5.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 20% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $99k (2.2% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $15.4m against liabilities of $244k, net assets of $15.2m. It reported 238 employees.