Tampa Metropolitan Area Young Mens Christian Association Inc

Analysis

Tampa Metropolitan Area Young Mens Christian Association Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in December 1977, 49 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 September 2023, Tampa Metropolitan Area Young Mens Christian Association Inc reported income of $50.3m and spending of $43.9m, spending 87% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $38.1m to $50.3m (+32%), an average of +7.2% a year. The sharpest change came in the year to September 2021, when income rose by 41%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tampa Metropolitan Area Young Mens Christian Association Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include East Bay Community Action Program ($50.3m), Canine Companions for Independence ($50.3m) and Vincentian Cares Inc ($50.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 29% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $1.0m (2.3% of expenses). Other salaries and wages came to $19.9m. At year end it held assets of $61.2m against liabilities of $13.8m, net assets of $47.4m. It reported 2,187 employees.