Golden Isles YMCA Foundation Inc

Analysis

Golden Isles YMCA Foundation Inc is a registered charity in United States, based in Brunswick, GA. It received its IRS tax-exemption ruling in June 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Golden Isles YMCA Foundation Inc reported income of $133k and spending of $122k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $165k to $133k (-19%), an average of -5.2% a year. The sharpest change came in the year to December 2021, when income rose by 233%. Over the whole period it spent 63% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Golden Isles YMCA Foundation Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within GA. Charities of a similar size with the same main cause include Village Family ($133k), TCF Foundation ($133k) and On Our Own of Cecil County Inc ($133k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.