Young Mens Christian Association of Northwest Florida Inc

Analysis

Young Mens Christian Association of Northwest Florida Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in October 1970, 56 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 June 2023, Young Mens Christian Association of Northwest Florida Inc reported income of $7.5m and spending of $8.1m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.6m to $7.5m (+189%), an average of +30% a year. The sharpest change came in the year to June 2021, when income rose by 425%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Young Mens Christian Association of Northwest Florida Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Child Welfare Innovation Inc ($7.5m), Thrive Support & Advocacy Inc ($7.5m) and Resident Advancement Inc ($7.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 81% of the total. Other salaries and wages came to $2.5m. At year end it held assets of $7.8m against liabilities of $3.7m, net assets of $4.1m. It reported 372 employees.