Young Mens Christian Association of New Orleans Metropolitan

Analysis

Young Mens Christian Association of New Orleans Metropolitan is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in December 1937, 89 years ago. 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 of New Orleans Metropolitan reported income of $6.1m and spending of $6.6m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.0m to $6.1m (+1.8%), an average of +0.5% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Young Mens Christian Association of New Orleans Metropolitan sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within LA. Charities of a similar size with the same main cause include Windsor Prep Inc ($6.1m), Lake Country School Montessori Learning Environments ($6.1m) and Foundation for Senior Living ($6.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $331k (5.1% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $14.6m against liabilities of $2.0m, net assets of $12.7m. It reported 530 employees.