Athens-Mcminn Family Young Mens Christian Association

Analysis

Athens-Mcminn Family Young Mens Christian Association is a registered charity in United States, based in Athens, TN. It received its IRS tax-exemption ruling in March 1959, 67 years ago. 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, Athens-Mcminn Family Young Mens Christian Association reported income of $1.9m and spending of $1.7m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.9m (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2020, when income rose by 55%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Athens-Mcminn Family Young Mens Christian Association 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 85th percentile, and in the 87th percentile within TN. Charities of a similar size with the same main cause include Selbyville Public Library ($1.9m), Armstrong County Industrial Development Council ($1.9m) and International Missing Persons Foun Dation ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $79k (4.6% of expenses). Other salaries and wages came to $696k. At year end it held assets of $3.3m against liabilities of $94k, net assets of $3.2m. It reported 123 employees.