Tom a Finch Community YMCA Inc

Analysis

Tom a Finch Community YMCA Inc is a registered charity in United States, based in Thomasville, NC. It received its IRS tax-exemption ruling in February 1972, 54 years ago. 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, Tom a Finch Community YMCA Inc reported income of $1.9m and spending of $2.1m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $1.9m (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tom a Finch Community YMCA Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within NC. Charities of a similar size with the same main cause include Boy Scouts of America ($1.9m), Marshall County Group Homes Incorporated ($1.9m) and Veterans Research and Education Foundation of St Louis ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $109k (5.3% of expenses). Other salaries and wages came to $854k. At year end it held assets of $5.4m against liabilities of $125k, net assets of $5.3m. It reported 147 employees.