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YMCA of North Central West Virginia Inc

RegisteredEIN 55-0486791Clarksburg, WVOther charitable purposes
Income$1.0m2023-12
Spending$1.2msame year
Spent / received92%5-year average
Size in its cause78th pctOther charitable purposes
Exempt since1967Publicly supported organisat
Employees87latest return

Analysis

YMCA of North Central West Virginia Inc is a registered charity in United States, based in Clarksburg, WV. It received its IRS tax-exemption ruling in July 1967, 59 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, YMCA of North Central West Virginia Inc reported income of $1.0m and spending of $1.2m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $982k to $1.0m (+4.9%), an average of +1.2% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, YMCA of North Central West Virginia Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within WV. Charities of a similar size with the same main cause include Alliance for Inclusion & Prevention Inc ($1.0m), Ronald McDonald House Charities of the Coastal Empire Inc ($1.0m) and The Historic Districts Council Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $60k (5.1% of expenses). Other salaries and wages came to $488k. At year end it held assets of $953k against liabilities of $334k, net assets of $619k. It reported 87 employees.

Income and spending

$0$327k$654k$981k$1.3m2019 Income: $982,3222019 Spending: $837,86420192020 Income: $828,3782020 Spending: $730,23520202021 Income: $1,072,1232021 Spending: $866,63320212022 Income: $1,307,5732022 Spending: $1,160,98720222023 Income: $1,030,3332023 Spending: $1,181,0982023
IncomeSpending

Where the income comes from

  • Contributions & grants 48%
  • Program services 48%
  • Other 4.2%

Similar-sized charities, same cause

CharityLocationIncome
Alliance for Inclusion & Prevention IncJamaica Plain$1.0m
Ronald McDonald House Charities of the Coastal Empire IncSavannah$1.0m
The Historic Districts Council IncNew York$1.0m
Five Towns Child Care Center IncInwood$1.0m