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Young Mens Christian Association Blue Ridge Assembly

RegisteredEIN 56-0532130Black MTN, NCPoverty relief
Income$9.7m2023-12
Spending$6.1msame year
Spent / received79%5-year average
Size in its cause94th pctPoverty relief
Exempt since1946Publicly supported organisat
Employees200latest return

Analysis

Young Mens Christian Association Blue Ridge Assembly is a registered charity in United States, based in Black MTN, NC. It received its IRS tax-exemption ruling in November 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Young Mens Christian Association Blue Ridge Assembly reported income of $9.7m and spending of $6.1m, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.4m to $9.7m (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 79% 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 Blue Ridge Assembly sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NC. Charities of a similar size with the same main cause include Family & Children Services Inc ($9.7m), Marine Corps Heritage Foundation ($9.7m) and Community Nutrition Network and Senior Services Association ($9.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $266k (4.3% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $22.7m against liabilities of $1.0m, net assets of $21.7m. It reported 200 employees.

Income and spending

$0$2.4m$4.8m$7.2m$9.7m2019 Income: $7,386,2682019 Spending: $5,977,40020192020 Income: $3,390,5372020 Spending: $3,285,65520202021 Income: $4,370,4062021 Spending: $3,629,61220212022 Income: $5,841,7712022 Spending: $5,108,28520222023 Income: $9,658,6802023 Spending: $6,135,4642023
IncomeSpending

Where the income comes from

  • Contributions & grants 42%
  • Program services 53%
  • Other 5.0%

Similar-sized charities, same cause

CharityLocationIncome
Family & Children Services IncKalamazoo$9.7m
Marine Corps Heritage FoundationTriangle$9.7m
Community Nutrition Network and Senior Services AssociationN Riverside$9.7m
SF New DealSan Francisco$9.7m