Young Mens Christian Association-Columbia

Analysis

Young Mens Christian Association-Columbia is a registered charity in United States, based in Lexington, SC. It received its IRS tax-exemption ruling in December 1943, 83 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, Young Mens Christian Association-Columbia reported income of $9.8m and spending of $9.5m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $10.1m to $9.8m (-3.1%), an average of -0.8% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 94% 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-Columbia 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 SC. Charities of a similar size with the same main cause include For Kids Only Afterschool Incorporated ($9.8m), Foster Success Inc ($9.8m) and St Marys Home ($9.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $353k (3.7% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $22.6m against liabilities of $10.5m, net assets of $12.1m. It reported 913 employees.