Odessa Family YMCA

Analysis

Odessa Family YMCA is a registered charity in United States, based in Odessa, TX. It received its IRS tax-exemption ruling in June 1966, 60 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Odessa Family YMCA reported income of $5.1m and spending of $5.0m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.8m to $5.1m (+34%), an average of +7.5% a year. The sharpest change came in the year to December 2022, when income rose by 34%. 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, Odessa Family YMCA sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Rolling Hills Creative Living Inc ($5.1m), New England Community Services Inc ($5.1m) and Golden Gate Inc ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $95k (1.9% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $3.4m against liabilities of $1.0m, net assets of $2.4m. It reported 243 employees.