Butte Family YMCA Inc

Analysis

Butte Family YMCA Inc is a registered charity in United States, based in Butte, MT. It received its IRS tax-exemption ruling in May 1945, 81 years ago. 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 June 2024, Butte Family YMCA Inc reported income of $1.9m and spending of $2.2m, spending 115% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.6m to $1.9m (+21%), an average of +4.9% a year. The sharpest change came in the year to June 2021, when income rose by 51%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Butte Family YMCA Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within MT. Charities of a similar size with the same main cause include Mennonite Gospel Missions ($1.9m), Southern Maryland Center for Family Advocacy Incorporated ($1.9m) and Special Olympics New Hampshire Inc ($1.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 11% and program service revenue 84% of the total. Other salaries and wages came to $818k. At year end it held assets of $7.0m against liabilities of $1.8m, net assets of $5.3m. It reported 119 employees.