Young Mens Christian Asso of Fayetteville NC Inc

Analysis

Young Mens Christian Asso of Fayetteville NC Inc is a registered charity in United States, based in Fayetteville, NC. It received its IRS tax-exemption ruling in August 1961, 65 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, Young Mens Christian Asso of Fayetteville NC Inc reported income of $3.9m and spending of $4.3m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.9m to $3.9m (-19%), an average of -5.1% a year. The sharpest change came in the year to December 2020, when income dropped by 35%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Young Mens Christian Asso of Fayetteville NC Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NC. Charities of a similar size with the same main cause include Kingman Area Food Bank ($3.9m), New Jersey Center for Visual Arts a New Jersey Nonprofit Corporation ($3.9m) and Outfest ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $4.8m against liabilities of $2.1m, net assets of $2.7m. It reported 300 employees.