Tift Area Young Mens Christian Association
Analysis
Tift Area Young Mens Christian Association is a registered charity in United States, based in Tifton, GA. It received its IRS tax-exemption ruling in July 1999, 27 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, Tift Area Young Mens Christian Association reported income of $1.2m and spending of $1.0m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $1.2m (-25%), an average of -7.0% a year. The sharpest change came in the year to December 2020, when income dropped by 49%. Over the whole period it spent 80% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tift Area Young Mens Christian Association sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within GA. Charities of a similar size with the same main cause include Inspiring Pathways Inc ($1.2m), Excellent Community Services Inc ($1.2m) and Social Enterprises Trust Inc ($1.2m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $60k (5.8% of expenses). Other salaries and wages came to $390k. At year end it held assets of $2.2m against liabilities of $569k, net assets of $1.6m. It reported 110 employees.
Income and spending
Where the income comes from
- Contributions & grants 36%
- Program services 57%
- Other 6.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Inspiring Pathways Inc | Visalia | $1.2m |
| Excellent Community Services Inc | Washington | $1.2m |
| Social Enterprises Trust Inc | Hartford | $1.2m |
| Childrens Homes of Iredell County Inc | Statesville | $1.2m |