Highlands County Family Y M C a Inc

Analysis

Highlands County Family Y M C a Inc is a registered charity in United States, based in Sebring, FL. It received its IRS tax-exemption ruling in October 1988, 38 years ago. 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, Highlands County Family Y M C a Inc reported income of $1.1m and spending of $1.2m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $940k to $1.1m (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Highlands County Family Y M C a Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.1m), Tri-County Christian School ($1.1m) and Richland Carrousel Park Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.8% and program service revenue 90% of the total. Other salaries and wages came to $637k. At year end it held assets of $1.3m against liabilities of $667k, net assets of $641k. It reported 130 employees.