Young Mens Christian Association of Abilene

Analysis

Young Mens Christian Association of Abilene is a registered charity in United States, based in Abilene, TX. It received its IRS tax-exemption ruling in June 1962, 64 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 Abilene reported income of $3.0m and spending of $2.7m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.6m to $3.0m (-46%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 110%. Over the whole period it spent 67% 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 Abilene sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Presbyterian Home for Children ($3.0m), Central American Refugee Center Carecen Ny ($3.0m) and Eddr Foundation ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $164k (6.2% of expenses). Other salaries and wages came to $993k. At year end it held assets of $10.1m against liabilities of $363k, net assets of $9.8m. It reported 154 employees.