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YMCA of Metropolitan Fort Worth Endowment Inc

RegisteredEIN 75-2849033Fort Worth, TXPoverty relief
Income$458k2023-12
Spending$2.7msame year
Spent / received56%5-year average
Size in its cause63rd pctPoverty relief
Exempt since2000Supporting organisation
Employees0latest return

Analysis

YMCA of Metropolitan Fort Worth Endowment Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, YMCA of Metropolitan Fort Worth Endowment Inc reported income of $458k and spending of $2.7m, spending 598% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $450k to $458k (+1.7%), an average of +0.4% a year. The sharpest change came in the year to December 2021, when income rose by 582%. Over the whole period it spent 56% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, YMCA of Metropolitan Fort Worth Endowment Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Kids Are Kids Learning Center Inc ($458k), John Hobson Ministries Inc ($458k) and New Hope Village Inc ($457k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.4% of the total. At year end it held assets of $14.3m against liabilities of $20k, net assets of $14.3m.

Income and spending

$0$963k$1.9m$2.9m$3.9m2019 Income: $450,0562019 Spending: $860,67120192020 Income: $564,8732020 Spending: $442,32020202021 Income: $3,851,3522021 Spending: $11,00020212022 Income: $1,900,1112022 Spending: $13,12620222023 Income: $457,5572023 Spending: $2,735,3632023
IncomeSpending

Where the income comes from

  • Contributions & grants 8.4%
  • Other 92%

Similar-sized charities, same cause

CharityLocationIncome
Kids Are Kids Learning Center IncBrandon$458k
John Hobson Ministries IncWinchester$458k
New Hope Village IncBarstow$457k
The Opportunity Center Foundation IPonca City$458k