Young Mens Christian Assoc of Birmingham

Analysis

Young Mens Christian Assoc of Birmingham is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in October 1951, 75 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 Assoc of Birmingham reported income of $26.7m and spending of $27.4m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $30.5m to $26.7m (-12%), an average of -3.3% a year. The sharpest change came in the year to December 2020, when income dropped by 38%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Young Mens Christian Assoc of Birmingham sits at the 98th percentile: it is larger than about 98% 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 Holt International Childrens Services Inc ($26.7m), Georgia Federal-State Shipping Point Inspection Service Inc ($26.7m) and The Road Home ($26.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $925k (3.4% of expenses). Other salaries and wages came to $10.7m. It paid $5,063 in professional fundraising fees. At year end it held assets of $60.1m against liabilities of $24.1m, net assets of $36.0m. It reported 1,589 employees.