The Young Mens Christian Association of the Capital Area

Analysis

The Young Mens Christian Association of the Capital Area is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in February 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Young Mens Christian Association of the Capital Area reported income of $7.2m and spending of $11.8m, spending 165% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $13.0m to $7.2m (-45%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Young Mens Christian Association of the Capital Area sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within LA. Charities of a similar size with the same main cause include Avenidas ($7.2m), Catholic Charities of the Diocese of Palm Beach Inc ($7.2m) and Masonic Home for Children at Oxford ($7.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 113% of the total. Compensation of current officers, directors and key employees was $330k (2.8% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $32.8m against liabilities of $6.1m, net assets of $26.7m. It reported 598 employees.