Lafayette YMCA Support Corporation

Analysis

Lafayette YMCA Support Corporation is a registered charity in United States, based in Lafayette, IN. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lafayette YMCA Support Corporation reported income of $1.1m and spending of $1.3m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $1.1m (-11%), an average of -2.7% a year. Over the whole period it spent 112% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Lafayette YMCA Support Corporation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within IN. Charities of a similar size with the same main cause include Camp Fire ($1.1m), Girl Talk Inc ($1.1m) and New York Scores ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $28.2m against liabilities of $26.8m, net assets of $1.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.