Kentucky YMCA Youth Association

Analysis

Kentucky YMCA Youth Association is a registered charity in United States, based in Frankfort, KY. It received its IRS tax-exemption ruling in January 1974, 52 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 June 2023, Kentucky YMCA Youth Association reported income of $3.1m and spending of $2.9m, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $3.3m to $3.1m (-3.9%), an average of -1.3% a year. The sharpest change came in the year to June 2022, when income rose by 180%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kentucky YMCA Youth Association sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within KY. Charities of a similar size with the same main cause include Loudoun Citizens for Social Justice Inc ($3.1m), New Horizons Ministries ($3.1m) and United Regional Health Care Foundation ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $266k (9.0% of expenses). Other salaries and wages came to $406k. At year end it held assets of $2.4m against liabilities of $351k, net assets of $2.0m. It reported 18 employees.