Mayfield Graves County YMCA Inc

Analysis

Mayfield Graves County YMCA Inc is a registered charity in United States, based in Mayfield, KY. It received its IRS tax-exemption ruling in April 1992, 34 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, Mayfield Graves County YMCA Inc reported income of $1.4m and spending of $1.2m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $644k to $1.4m (+124%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 96%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mayfield Graves County YMCA Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within KY. Charities of a similar size with the same main cause include Orphaned Starfish Foundation Inc ($1.4m), Pilgrims Inn Inc ($1.4m) and Clayton Dabney Foundation for Kids with Cancer ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 62% of the total. Other salaries and wages came to $549k. At year end it held assets of $2.0m against liabilities of $21k, net assets of $2.0m. It reported 79 employees.