The Hopkinsville Family Young Mens Christian Association Inc

Analysis

The Hopkinsville Family Young Mens Christian Association Inc is a registered charity in United States, based in Hopkinsville, KY. It received its IRS tax-exemption ruling in April 1996, 30 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, The Hopkinsville Family Young Mens Christian Association Inc reported income of $2.3m and spending of $2.7m, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.7m to $2.3m (-16%), an average of -4.3% a year. The sharpest change came in the year to December 2022, when income rose by 49%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Hopkinsville Family Young Mens Christian Association Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within KY. Charities of a similar size with the same main cause include Help for the Hurting ($2.3m), Huffer Memorial Childrens Center Inc ($2.3m) and Putnam County Family Young Mens Christian Association ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $104k (3.8% of expenses). At year end it held assets of $5.5m against liabilities of $995k, net assets of $4.5m. It reported 171 employees.