Georgia Mountains Young Mens Christian Association Inc

Analysis

Georgia Mountains Young Mens Christian Association Inc is a registered charity in United States, based in Gainesville, GA. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Georgia Mountains Young Mens Christian Association Inc reported income of $4.9m and spending of $4.6m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $4.9m (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Georgia Mountains Young Mens Christian Association Inc sits at the 90th percentile: it is larger than about 90% 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 Marys Mission Development Ctr ($4.9m), Havar Inc ($4.9m) and Diocesan Council of Marquette Mi Society of St Vincent de Paul ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $166k (3.6% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $12.7m against liabilities of $2.8m, net assets of $9.9m. It reported 326 employees.