Eastern Carolina Young Mens Christian Association Inc

Analysis

Eastern Carolina Young Mens Christian Association Inc is a registered charity in United States, based in New Bern, NC. It received its IRS tax-exemption ruling in August 1980, 46 years ago. 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, Eastern Carolina Young Mens Christian Association Inc reported income of $5.0m and spending of $5.5m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.8m to $5.0m (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2020, when income dropped by 20%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eastern Carolina Young Mens Christian Association Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NC. Charities of a similar size with the same main cause include Limen House Inc ($5.0m), Habitat for Humanity International Inc ($5.0m) and Hayden Canyon Charter School Inc ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $253k (4.6% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $6.7m against liabilities of $1.1m, net assets of $5.5m. It reported 370 employees.