Young Mens Christian Association of Nashville and Middle Tennessee

Analysis

Young Mens Christian Association of Nashville and Middle Tennessee is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in November 1968, 58 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, Young Mens Christian Association of Nashville and Middle Tennessee reported income of $100.0m and spending of $86.5m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $93.7m to $100.0m (+6.6%), an average of +1.6% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Young Mens Christian Association of Nashville and Middle Tennessee sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TN. Charities of a similar size with the same main cause include Isabella Geriatric Center Inc ($99.9m), Pine Street Inn Inc ($100.2m) and Good Sheperd Food Bank ($99.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $2.1m (2.5% of expenses). Other salaries and wages came to $39.3m. It paid $15k in professional fundraising fees. At year end it held assets of $189.7m against liabilities of $52.5m, net assets of $137.2m. It reported 3,744 employees.