Youngs Mens Christian Association of Greensboro Endowment Inc

Analysis

Youngs Mens Christian Association of Greensboro Endowment Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in July 1994, 32 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Youngs Mens Christian Association of Greensboro Endowment Inc reported income of $161k and spending of $113k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $68k to $161k (+137%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 442%. Over the whole period it spent 123% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Youngs Mens Christian Association of Greensboro Endowment Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within NC. Charities of a similar size with the same main cause include Franklin County Historical Society Inc ($161k), Salisbury Township Volunteer Firemens Relief Association ($161k) and Brennen Elementary School Parent-Teacher Organization PTO ($161k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $2.9m against liabilities of $953k, net assets of $1.9m.