YMCA of Dyer County Marcheta Sigmon

Analysis

YMCA of Dyer County Marcheta Sigmon is a registered charity in United States, based in Dyersburg, TN. It received its IRS tax-exemption ruling in October 1995, 31 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 2022, YMCA of Dyer County Marcheta Sigmon reported income of $415k and spending of $571k, spending 137% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $524k to $415k (-21%), an average of -7.5% a year. The sharpest change came in the year to December 2022, when income dropped by 45%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, YMCA of Dyer County Marcheta Sigmon sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within TN. Charities of a similar size with the same main cause include Custer Network Against Domestic Abuse ($415k), Dutchess County Sheep & Wool Growers Association Inc ($415k) and Region 6 Housing Trust Fund Inc ($415k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 56% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $176k (31% of expenses). Other salaries and wages came to $125k. At year end it held assets of $361k against liabilities of $225k, net assets of $136k. It reported 46 employees.