Young Mens Christian Association of Greater Houston Area

Analysis

Young Mens Christian Association of Greater Houston Area is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 1962, 64 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 Greater Houston Area reported income of $161.0m and spending of $165.9m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $140.1m to $161.0m (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2020, when income dropped by 25%. Over the whole period it spent 102% 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 Greater Houston Area sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within TX. Charities of a similar size with the same main cause include Lutheran Social Service of Minnesota ($159.9m), Community Teamwork Inc ($162.9m) and Childnet Inc ($159.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $1.7m (1.0% of expenses). Other salaries and wages came to $60.2m. At year end it held assets of $289.5m against liabilities of $134.5m, net assets of $155.1m. It reported 5,616 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.