Young Mens Christian Association

Analysis

Young Mens Christian Association is a registered charity in United States, based in Hot Springs, AR. It received its IRS tax-exemption ruling in January 1964, 62 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 $2.6m and spending of $2.3m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.6m (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2021, when income rose by 40%. 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, Young Mens Christian Association sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within AR. Charities of a similar size with the same main cause include Baker County Council on Aging Inc ($2.6m), Project Oz ($2.6m) and Basblue Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 19% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $2.5m against liabilities of $393k, net assets of $2.1m. It reported 184 employees.