Tri-County YMCA Inc

Analysis

Tri-County YMCA Inc is a registered charity in United States, based in Scott Depot, WV. It received its IRS tax-exemption ruling in April 1991, 35 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, Tri-County YMCA Inc reported income of $3.8m and spending of $2.7m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $3.8m (+80%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 1626%. Over the whole period it spent 31% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tri-County YMCA Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within WV. Charities of a similar size with the same main cause include Eps Essential Pregnancy Services Inc ($3.8m), Hope South Florida Inc ($3.8m) and Mullen-Polk Foundation ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $86k (3.2% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $30.6m against liabilities of $3.4m, net assets of $27.2m. It reported 146 employees.