The Owensboro Family YMCA Trust Inc

Analysis

The Owensboro Family YMCA Trust Inc is a registered charity in United States, based in Owensboro, KY. It received its IRS tax-exemption ruling in January 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, The Owensboro Family YMCA Trust Inc reported income of $101k and spending of $92k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $29k to $101k (+254%), an average of +37% a year. The sharpest change came in the year to December 2020, when income rose by 463%. Over the whole period it spent 112% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Owensboro Family YMCA Trust Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within KY. Charities of a similar size with the same main cause include Maine Womens Giving Tree ($101k), Lapacho Fund ($101k) and Caledonia Conservancy Ltd ($101k).

At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.