Young Mens Christian Association

Analysis

Young Mens Christian Association is a registered charity in United States, based in Plainview, TX. It received its IRS tax-exemption ruling in June 1965, 61 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 reported income of $1.3m and spending of $1.1m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.3m (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 95% 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 sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Drylands Agroecology Research Foundation ($1.3m), Garretson Child Care Corporation ($1.3m) and Beacon of Hope Services ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $144k (13% of expenses). Other salaries and wages came to $356k. At year end it held assets of $2.4m against liabilities of $22k, net assets of $2.4m. It reported 108 employees.