Young Mens Christian Association of Selma Alabama

Analysis

Young Mens Christian Association of Selma Alabama is a registered charity in United States, based in Selma, AL. It received its IRS tax-exemption ruling in October 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 (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, Young Mens Christian Association of Selma Alabama reported income of $587k and spending of $709k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $670k to $587k (-12%), an average of -3.2% a year. The sharpest change came in the year to December 2022, when income rose by 481%. Over the whole period it spent 62% 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 of Selma Alabama sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 76th percentile within AL. Charities of a similar size with the same main cause include Asociacion Mayaguezana de Personas Con Inpedimentos Inc Proyecto ($587k), The Encampment Store ($587k) and Dog Tag Buddies ($587k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $52k (7.3% of expenses). Other salaries and wages came to $166k. At year end it held assets of $4.1m against liabilities of $573k, net assets of $3.5m. It reported 40 employees.