Young Mens Christian Association of Southern West Virginia Inc

Analysis

Young Mens Christian Association of Southern West Virginia Inc is a registered charity in United States, based in Beckley, WV. It received its IRS tax-exemption ruling in October 1964, 62 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 of Southern West Virginia Inc reported income of $2.5m and spending of $2.0m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.5m (+60%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 193%. Over the whole period it spent 93% 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 of Southern West Virginia Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within WV. Charities of a similar size with the same main cause include Aid All Syrians Inc ($2.5m), Child Crisis Center of El Paso ($2.5m) and Childrens Village Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.2% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $115k (5.8% of expenses). Other salaries and wages came to $697k. At year end it held assets of $4.9m against liabilities of $46k, net assets of $4.9m. It reported 134 employees.