Young Mens Christian Association

Analysis

Young Mens Christian Association is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in February 1955, 71 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 reported income of $51.9m and spending of $45.1m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $29.7m to $51.9m (+74%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 59%. Over the whole period it spent 85% 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 sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include All for Kids Organization ($51.8m), Para Los Ninos ($51.9m) and Jawonio Inc ($51.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $1.4m (3.1% of expenses). Other salaries and wages came to $22.4m. It paid $210k in professional fundraising fees. At year end it held assets of $87.1m against liabilities of $15.5m, net assets of $71.7m. It reported 2,229 employees.