YMCA of Greenville

Analysis

YMCA of Greenville is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in September 1937, 89 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, YMCA of Greenville reported income of $32.3m and spending of $25.8m, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $22.2m to $32.3m (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, YMCA of Greenville sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within SC. Charities of a similar size with the same main cause include The Philadelphia Protestant Home ($32.2m), Choices Coordinated Care Solutions Inc ($32.3m) and Care for the Homeless Inc ($32.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $682k (2.6% of expenses). Other salaries and wages came to $10.6m. At year end it held assets of $79.2m against liabilities of $9.7m, net assets of $69.5m. It reported 1,084 employees.