Valdosta-Lowndes County Family YMCA

Analysis

Valdosta-Lowndes County Family YMCA is a registered charity in United States, based in Valdosta, GA. It received its IRS tax-exemption ruling in March 1980, 46 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, Valdosta-Lowndes County Family YMCA reported income of $4.3m and spending of $3.9m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.2m to $4.3m (+3.0%), an average of +0.8% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Valdosta-Lowndes County Family YMCA sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within GA. Charities of a similar size with the same main cause include Capital Investing in Development and Employment of Adults Inc ($4.3m), Backpack Beginnings ($4.3m) and Woodlands Foundation Inc ($4.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $199k (5.2% of expenses). At year end it held assets of $5.4m against liabilities of $2.0m, net assets of $3.4m. It reported 300 employees.