Pickens County Young Mens Christian Association
Analysis
Pickens County Young Mens Christian Association is a registered charity in United States, based in Easley, SC. It received its IRS tax-exemption ruling in January 1965, 61 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, Pickens County Young Mens Christian Association reported income of $7.9m and spending of $6.4m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.0m to $7.9m (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 79% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pickens County Young Mens Christian Association 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 94th percentile, and in the 96th percentile within SC. Charities of a similar size with the same main cause include Father Flanagans Boys Home ($7.9m), National Rural Health Association ($7.9m) and Bittersweet Inc ($7.9m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $155k (2.4% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $32.5m against liabilities of $22.5m, net assets of $10.1m. It reported 604 employees.
Income and spending
Where the income comes from
- Contributions & grants 26%
- Program services 73%
- Other 1.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Father Flanagans Boys Home | West Palm BCH | $7.9m |
| National Rural Health Association | Kansas City | $7.9m |
| Bittersweet Inc | Whitehouse | $7.9m |
| Oyster Recovery Partnership Inc | Annapolis | $7.9m |