James J Buquet Jr Bayouland YMCA

Analysis

James J Buquet Jr Bayouland YMCA is a registered charity in United States, based in Houma, LA. It received its IRS tax-exemption ruling in February 1981, 45 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, James J Buquet Jr Bayouland YMCA reported income of $276k and spending of $562k, spending 204% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $993k to $276k (-72%), an average of -35% a year. The sharpest change came in the year to December 2022, when income dropped by 65%. Over the whole period it spent 124% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, James J Buquet Jr Bayouland YMCA sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within LA. Charities of a similar size with the same main cause include Cokeville Senior Citizen Center Inc ($276k), Eastwick United CDC ($276k) and Cabwaylingo Appalachian Mission ($276k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 92% and program service revenue 8.3% of the total. Compensation of current officers, directors and key employees was $75k (13% of expenses). Other salaries and wages came to $126k. At year end it held assets of $1.9m against liabilities of $1.1m, net assets of $822k. It reported 39 employees.