Young Mens Christian Association of Greater Louisville

Analysis

Young Mens Christian Association of Greater Louisville is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in January 1945, 81 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, Young Mens Christian Association of Greater Louisville reported income of $64.1m and spending of $52.7m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $53.9m to $64.1m (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2020, when income dropped by 32%. Over the whole period it spent 86% 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 Greater Louisville sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within KY. Charities of a similar size with the same main cause include The Institutes of Applied Human Dynamics Inc ($63.7m), Grancell Village of the Los Angeles Jewish Home for the Aging ($64.2m) and Audubon Area Community Services Inc ($63.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $538k (1.0% of expenses). Other salaries and wages came to $22.6m. At year end it held assets of $126.3m against liabilities of $20.3m, net assets of $106.0m. It reported 2,711 employees.