Young Mens Christian Association

Analysis

Young Mens Christian Association is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in January 1966, 60 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, Young Mens Christian Association reported income of $24.5m and spending of $20.5m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $18.1m to $24.5m (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 87% 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 sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within AL. Charities of a similar size with the same main cause include Compassion Coalition Inc ($24.5m), Diabetes Prevention and Aid Fund Inc ($24.5m) and Bay Area Lutheran Homes Inc ($24.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $789k (3.9% of expenses). Other salaries and wages came to $7.5m. At year end it held assets of $50.4m against liabilities of $6.5m, net assets of $43.8m. It reported 1,067 employees.