Young Mens Christian Association

Analysis

Young Mens Christian Association is a registered charity in United States, based in Huntington, WV. It received its IRS tax-exemption ruling in October 1944, 82 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 Association reported income of $3.8m and spending of $3.9m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.8m to $3.8m (+1.3%), an average of +0.3% a year. The sharpest change came in the year to December 2021, when income rose by 44%. 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 Association sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within WV. Charities of a similar size with the same main cause include Millbrook Community Partnership Inc ($3.8m), Hospice of the Valley Inc ($3.8m) and Homeless and Travelers Aid Society ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $263k (6.8% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $5.9m against liabilities of $1.8m, net assets of $4.2m. It reported 247 employees.