YMCA of South Alabama Inc

Analysis

YMCA of South Alabama Inc is a registered charity in United States, based in Daphne, AL. It received its IRS tax-exemption ruling in January 1945, 81 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 2023, YMCA of South Alabama Inc reported income of $5.5m and spending of $4.2m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.1m to $5.5m (-23%), an average of -6.2% a year. The sharpest change came in the year to December 2020, when income dropped by 39%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, YMCA of South Alabama Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 95th percentile within AL. Charities of a similar size with the same main cause include Eves Place Inc ($5.5m), Consolidated Youth Services Inc ($5.5m) and Sierra Cascade Family Opportunities ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $81k (1.9% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $10.0m against liabilities of $2.1m, net assets of $7.9m. It reported 300 employees.