Young Mens Christian Association Columbus

Analysis

Young Mens Christian Association Columbus is a registered charity in United States, based in Columbus, GA. It received its IRS tax-exemption ruling in July 1942, 84 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 2022, Young Mens Christian Association Columbus reported income of $4.7m and spending of $4.1m, spending 88% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $4.1m to $4.7m (+15%), an average of +4.7% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Young Mens Christian Association Columbus sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within GA. Charities of a similar size with the same main cause include Plumbers and Steamfitters Local Union No 486 Joint Journeymen and ($4.7m), Central Virginia Legal Aid Society Inc ($4.7m) and Carroll County Ymca-Camp Huckins ($4.7m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 75% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $127k (3.1% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $20.4m against liabilities of $3.8m, net assets of $16.6m. It reported 333 employees.