Union County YMCA

Analysis

Union County YMCA is a registered charity in United States, based in Union, SC. It received its IRS tax-exemption ruling in June 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Union County YMCA reported income of $550k and spending of $598k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $547k to $550k (+0.6%), an average of +0.2% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Union County YMCA sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within SC. Charities of a similar size with the same main cause include Jeffco Prosperity Partners ($550k), Kidder County Council on Aging ($550k) and Essential Resource Consultants ($550k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $67k (11% of expenses). Other salaries and wages came to $187k. At year end it held assets of $312k against liabilities of $8,319, net assets of $304k. It reported 65 employees.