Young Mens Christian Association of the Treasure Coast Florida Inc

Analysis

Young Mens Christian Association of the Treasure Coast Florida Inc is a registered charity in United States, based in Stuart, FL. It received its IRS tax-exemption ruling in March 1981, 45 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, Young Mens Christian Association of the Treasure Coast Florida Inc reported income of $5.0m and spending of $4.8m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.3m to $5.0m (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 95% 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 the Treasure Coast Florida 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 FL. Charities of a similar size with the same main cause include Cedar Foundation Incorporated of Cedar County Iowa ($5.0m), Kids Can Community Center ($5.0m) and Worcester Jewish Community Center ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $135k (2.8% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $7.2m against liabilities of $2.1m, net assets of $5.1m. It reported 287 employees.