Young Mens Christian Association of San Angelo Texas

Analysis

Young Mens Christian Association of San Angelo Texas is a registered charity in United States, based in San Angelo, TX. It received its IRS tax-exemption ruling in February 1972, 54 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 San Angelo Texas reported income of $4.5m and spending of $4.0m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $4.5m (+49%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 85%. Over the whole period it spent 73% 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 San Angelo Texas sits at the 90th percentile: it is larger than about 90% 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 Talbot Hospice Foundation Inc ($4.5m), Coleman Children and Youth Services ($4.5m) and Bridge Fund of New York Inc ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $99k (2.5% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $12.1m against liabilities of $257k, net assets of $11.8m. It reported 258 employees.