Casper Family YMCA

Analysis

Casper Family YMCA is a registered charity in United States, based in Casper, WY. It received its IRS tax-exemption ruling in November 1965, 61 years ago. 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, Casper Family YMCA reported income of $3.8m and spending of $3.0m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.4m to $3.8m (-29%), an average of -8.2% a year. The sharpest change came in the year to December 2021, when income dropped by 45%. Over the whole period it spent 52% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Casper Family YMCA sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 95th percentile within WY. Charities of a similar size with the same main cause include Clearwater Academy International Inc ($3.8m), Monsignor Wynhoven Apts ($3.8m) and Destin Charity Wine Auction Foundation Inc ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $87k (2.9% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $26.9m against liabilities of $447k, net assets of $26.4m. It reported 210 employees.