Young Mens Christian Association of Metropolitan Atlanta Inc

Analysis

Young Mens Christian Association of Metropolitan Atlanta Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in December 1942, 84 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 of Metropolitan Atlanta Inc reported income of $118.2m and spending of $129.5m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $112.1m to $118.2m (+5.5%), an average of +1.3% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 101% 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 of Metropolitan Atlanta Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within GA. Charities of a similar size with the same main cause include Nysarc Inc ($118.1m), Catholic Charities Neighborhood Services Inc ($118.9m) and Lutheran Social Service of the South Inc ($117.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $1.5m (1.1% of expenses). Other salaries and wages came to $47.7m. It paid $176k in professional fundraising fees. At year end it held assets of $295.7m against liabilities of $79.9m, net assets of $215.8m. It reported 3,797 employees.