Young Mens Christian Association of Wheeling

Analysis

Young Mens Christian Association of Wheeling is a registered charity in United States, based in Wheeling, WV. It received its IRS tax-exemption ruling in June 1941, 85 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, Young Mens Christian Association of Wheeling reported income of $1.7m and spending of $1.5m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.7m (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2021, when income rose by 70%. 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 Wheeling sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within WV. Charities of a similar size with the same main cause include United Way of Mid Coast Maine Inc ($1.7m), Lions of Illinois Foundation ($1.7m) and Delaware County Victim Assistance Center ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $229k (15% of expenses). Other salaries and wages came to $471k. At year end it held assets of $2.8m against liabilities of $1.1m, net assets of $1.7m. It reported 103 employees.