Young Mens Christian Association

Analysis

Young Mens Christian Association is a registered charity in United States, based in Elkins, WV. It received its IRS tax-exemption ruling in April 1965, 61 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 reported income of $766k and spending of $791k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $761k to $766k (+0.6%), an average of +0.1% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 100% 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 sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within WV. Charities of a similar size with the same main cause include Durham Dreams Youth Mentorship Foundation ($765k), The Outdoor Art Club ($766k) and Dallas Emergency Food Corporation ($765k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $78k (9.9% of expenses). At year end it held assets of $2.4m against liabilities of $66k, net assets of $2.4m. It reported 65 employees.