YMCA of the Rockies

Analysis

YMCA of the Rockies is a registered charity in United States, based in Estes Park, CO. It received its IRS tax-exemption ruling in November 1950, 76 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, YMCA of the Rockies reported income of $47.7m and spending of $48.4m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $51.9m to $47.7m (-8.1%), an average of -2.1% a year. The sharpest change came in the year to December 2022, when income rose by 59%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, YMCA of the Rockies sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CO. Charities of a similar size with the same main cause include Foodshare Inc ($47.7m), The 3000 Club ($47.8m) and Starfish Family Services Inc ($47.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $1.3m (2.6% of expenses). Other salaries and wages came to $19.3m. It paid $59k in professional fundraising fees. At year end it held assets of $194.1m against liabilities of $45.5m, net assets of $148.6m. It reported 1,947 employees.