Sparta-White County Family YMCA

Analysis

Sparta-White County Family YMCA is a registered charity in United States, based in Sparta, TN. It received its IRS tax-exemption ruling in July 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Sparta-White County Family YMCA reported income of $949k and spending of $899k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $366k to $949k (+159%), an average of +27% a year. The sharpest change came in the year to December 2020, when income rose by 53%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sparta-White County Family YMCA sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within TN. Charities of a similar size with the same main cause include Sparc Inc ($949k), Welcomenst Inc ($949k) and Missions for the Nations Ministry ($948k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $59k (6.5% of expenses). Other salaries and wages came to $372k. At year end it held assets of $719k against liabilities of $9,540, net assets of $710k. It reported 66 employees.