Southwestern Montana Family YMCA Inc

Analysis

Southwestern Montana Family YMCA Inc is a registered charity in United States, based in Dillon, MT. It received its IRS tax-exemption ruling in July 1996, 30 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Southwestern Montana Family YMCA Inc reported income of $1.1m and spending of $1.1m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.1m (+1.9%), an average of +0.5% a year. The sharpest change came in the year to December 2021, when income dropped by 22%. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Southwestern Montana Family YMCA Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within MT. Charities of a similar size with the same main cause include Faith Haven Incorporated ($1.1m), Haven Plaza Housing Development Fund Company Inc ($1.1m) and Springfield Supported Housing Program ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $72k (6.6% of expenses). Other salaries and wages came to $413k. At year end it held assets of $5.3m against liabilities of $42k, net assets of $5.3m. It reported 112 employees.