Young Mens Christian Association of Boulder Valley

Analysis

Young Mens Christian Association of Boulder Valley is a registered charity in United States, based in Lafayette, CO. It received its IRS tax-exemption ruling in November 1958, 68 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, Young Mens Christian Association of Boulder Valley reported income of $22.8m and spending of $21.1m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $13.3m to $22.8m (+71%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Young Mens Christian Association of Boulder Valley sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CO. Charities of a similar size with the same main cause include Christian Church Homes ($22.8m), Nuestra Clinica Del Valle Inc ($22.8m) and Educational Enrichment Systems Inc ($22.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $866k (4.1% of expenses). Other salaries and wages came to $9.6m. At year end it held assets of $25.1m against liabilities of $11.0m, net assets of $14.1m. It reported 1,121 employees.