Young Mens Christian Association Inc<unicoi County Family YMCA Inc

Analysis

Young Mens Christian Association Inc<unicoi County Family YMCA Inc is a registered charity in United States, based in Erwin, TN. It received its IRS tax-exemption ruling in October 1944, 82 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) 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 Inc<unicoi County Family YMCA Inc reported income of $968k and spending of $1.0m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $705k to $968k (+37%), an average of +8.3% a year. The sharpest change came in the year to December 2020, when income rose by 26%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Young Mens Christian Association Inc<unicoi County Family YMCA Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within TN. Charities of a similar size with the same main cause include Community Early Childhood Center ($967k), Kentucky Christian School Inc ($968k) and Womens Resource Center ($967k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.2% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $97k (9.6% of expenses). Other salaries and wages came to $355k. At year end it held assets of $2.2m against liabilities of $29k, net assets of $2.2m. It reported 63 employees.