Young Mens Christian Association of El Paso

Analysis

Young Mens Christian Association of El Paso is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in December 1942, 84 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 El Paso reported income of $4.5m and spending of $4.5m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.7m to $4.5m (-21%), an average of -5.8% a year. The sharpest change came in the year to December 2020, when income dropped by 44%. Over the whole period it spent 96% 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 El Paso sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Central Minnesota Housing Partnership Inc ($4.5m), The United Way of Greater Waterbury Inc ($4.5m) and The Balm in Gilead Inc ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $157k (3.5% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $3.2m against liabilities of $444k, net assets of $2.8m. It reported 426 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.