Young Mens Christian Association of Ardmore Oklahoma

Analysis

Young Mens Christian Association of Ardmore Oklahoma is a registered charity in United States, based in Ardmore, OK. It received its IRS tax-exemption ruling in July 1971, 55 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, Young Mens Christian Association of Ardmore Oklahoma reported income of $1.3m and spending of $1.7m, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $1.3m (-6.9%), an average of -1.8% a year. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Young Mens Christian Association of Ardmore Oklahoma sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within OK. Charities of a similar size with the same main cause include Immigrant Resource Center of Maine ($1.3m), The@hub Resource Center Inc Christian Brothers Charity Hub Inc ($1.3m) and Interchurch Social Services of Knox County Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $70k (4.0% of expenses). Other salaries and wages came to $555k. At year end it held assets of $5.1m against liabilities of $86k, net assets of $5.0m. It reported 53 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.