Telford Community Center YMCA

Analysis

Telford Community Center YMCA is a registered charity in United States, based in Richmond, KY. It received its IRS tax-exemption ruling in April 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 (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, Telford Community Center YMCA reported income of $1.5m and spending of $1.4m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.5m (+17%), an average of +3.9% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Telford Community Center YMCA 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 84th percentile, and in the 84th percentile within KY. Charities of a similar size with the same main cause include Young Mens Christian Association State of Maine ($1.5m), Pupil Transportation Safety Institute Inc ($1.5m) and Gateway Community Services Maine ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 57% of the total. Other salaries and wages came to $743k. At year end it held assets of $3.0m against liabilities of $1.1m, net assets of $1.9m. It reported 137 employees.