Young Mens Christian Assn of Charleston and the Kanawha Valley

Analysis

Young Mens Christian Assn of Charleston and the Kanawha Valley is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in December 1958, 68 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Young Mens Christian Assn of Charleston and the Kanawha Valley reported income of $5.2m and spending of $5.2m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.1m to $5.2m (+1.6%), an average of +0.4% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 94% 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 Charleston and the Kanawha Valley sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within WV. Charities of a similar size with the same main cause include Itasca County Family Young Mens Christian Association Inc ($5.2m), Native American Professional Parent Resources Inc ($5.2m) and Young Mens Christian Association & Youth Center of Thomasville Inc ($5.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $233k (4.5% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $8.0m against liabilities of $2.3m, net assets of $5.7m. It reported 287 employees.