Young Mens Christian Association of Southeast Texas

Analysis

Young Mens Christian Association of Southeast Texas is a registered charity in United States, based in Port Arthur, TX. It received its IRS tax-exemption ruling in October 1945, 81 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 Southeast Texas reported income of $2.8m and spending of $2.8m, spending 101% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.8m (+38%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 61%. Over the whole period it spent 88% 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 Southeast Texas sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Filipino Community of Seattle Senior Services ($2.8m), Rock Springs Young at Heart ($2.8m) and Warriors Center USA ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 68% of the total. Other salaries and wages came to $1.4m. It paid $13k in professional fundraising fees. At year end it held assets of $3.1m against liabilities of $1.3m, net assets of $1.8m. It reported 168 employees.