Dearborn Young Mens Chrstian Association

Analysis

Dearborn Young Mens Chrstian Association is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in April 1988, 38 years ago. 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, Dearborn Young Mens Chrstian Association reported income of $2.4m and spending of $1.7m, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.4m (+89%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dearborn Young Mens Chrstian Association sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 91st percentile within AL. Charities of a similar size with the same main cause include Morris Museum of Art ($2.4m), Crop Science Society of America Inc ($2.4m) and Flagstaff Bordertown Dormitory Board Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Other salaries and wages came to $994k. At year end it held assets of $2.2m against liabilities of $223k, net assets of $1.9m. It reported 55 employees.