YMCA of Northwest Louisiana

Analysis

YMCA of Northwest Louisiana is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in July 1943, 83 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, YMCA of Northwest Louisiana reported income of $9.6m and spending of $5.5m, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.3m to $9.6m (+121%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 124%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, YMCA of Northwest Louisiana sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within LA. Charities of a similar size with the same main cause include Every Meal ($9.6m), Hanul Family Alliance ($9.6m) and Collaborative Composite Solutions Corporation ($9.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $266k (4.9% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $32.7m against liabilities of $8.7m, net assets of $24.0m. It reported 338 employees.