Mecklenburg County YMCA

Analysis

Mecklenburg County YMCA is a registered charity in United States, based in Clarksville, VA. It received its IRS tax-exemption ruling in February 1987, 39 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mecklenburg County YMCA reported income of $585k and spending of $510k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $575k to $585k (+1.7%), an average of +0.4% a year. The sharpest change came in the year to December 2021, when income rose by 32%. 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, Mecklenburg County YMCA sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within VA. Charities of a similar size with the same main cause include Parent Booster USA Inc ($585k), Birmingham Bloomfield Atlantis ($585k) and Bethesda Place Inc ($584k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $67k (13% of expenses). Other salaries and wages came to $180k. At year end it held assets of $404k against liabilities of $5,796, net assets of $398k. It reported 34 employees.