Young Mens Christian Association of Bogalusa Louisiana

Analysis

Young Mens Christian Association of Bogalusa Louisiana is a registered charity in United States, based in Bogalusa, LA. It received its IRS tax-exemption ruling in August 1979, 47 years ago. 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 Bogalusa Louisiana reported income of $191k and spending of $256k, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $460k to $191k (-59%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 54%. Over the whole period it spent 67% 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 Bogalusa Louisiana sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within LA. Charities of a similar size with the same main cause include Agape House Inc ($191k), Portland Lesbian Choir ($191k) and Chicago Sunday Evening Club ($191k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $45k (17% of expenses). At year end it held assets of $610k against liabilities of $21k, net assets of $589k. It reported 1 employees.