Volusiaflagler Family Young Mens Christian Association Inc

Analysis

Volusiaflagler Family Young Mens Christian Association Inc is a registered charity in United States, based in Deland, FL. It received its IRS tax-exemption ruling in October 1995, 31 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 December 2023, Volusiaflagler Family Young Mens Christian Association Inc reported income of $11.5m and spending of $10.0m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.9m to $11.5m (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2020, when income dropped by 28%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Volusiaflagler Family Young Mens Christian Association Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include King-Bruwaert House ($11.5m), United Families Inc ($11.5m) and Darien Community Young Mens Christian Association Inc ($11.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $451k (4.5% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $16.8m against liabilities of $7.4m, net assets of $9.4m. It reported 694 employees.