Pikeville Area Family YMCA Inc

Analysis

Pikeville Area Family YMCA Inc is a registered charity in United States, based in Pikeville, KY. It received its IRS tax-exemption ruling in October 1990, 36 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, Pikeville Area Family YMCA Inc reported income of $1.9m and spending of $2.0m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.9m (+52%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pikeville Area Family YMCA Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within KY. Charities of a similar size with the same main cause include Food City Charitable Foundation Inc ($1.9m), Senior Adult Activities Center of Montgomery County ($1.9m) and Community Action Network ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $97k (4.7% of expenses). Other salaries and wages came to $800k. At year end it held assets of $5.5m against liabilities of $3.5m, net assets of $2.1m. It reported 99 employees.