Kerr County Young Mens Christian Association

Analysis

Kerr County Young Mens Christian Association is a registered charity in United States, based in Kerrville, TX. It received its IRS tax-exemption ruling in August 1965, 61 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kerr County Young Mens Christian Association reported income of $311k and spending of $354k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $327k to $311k (-4.8%), an average of -1.2% a year. The sharpest change came in the year to December 2020, when income rose by 43%. 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, Kerr County Young Mens Christian Association sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Assurance Home Foundation Inc ($311k), The Golden Chain Theater Corporation ($311k) and Meals on Wheels Cleveland West ($311k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $65k (18% of expenses). Other salaries and wages came to $122k. At year end it held assets of $698k against liabilities of $2,327, net assets of $695k. It reported 15 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.