YMCA of the Coastal Bend

Analysis

YMCA of the Coastal Bend is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in June 1980, 46 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 2022, YMCA of the Coastal Bend reported income of $1.0m and spending of $1.3m, spending 121% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.2m to $1.0m (-14%), an average of -5.0% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, YMCA of the Coastal Bend sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Jefferson County Council on Aging Inc ($1.0m), The Arc of Colorado-Advocating for People with Developmental Disab ($1.0m) and Aurora Community Connection ($1.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 18% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $60k (4.7% of expenses). Other salaries and wages came to $618k. At year end it held assets of $2.4m against liabilities of $242k, net assets of $2.1m. It reported 136 employees.